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Zacks.com Announces That Dr. Edward Olmstead Highlights Options for the Following Stocks: Palomar Medical Technologies Inc and Fastenal Company.


CHICAGO -- Dr. Edward Olmstead and his team, from the Options Professor newsletter, detail a bullish Bullish

Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook.


bullish 
 option play in the medical appliance space and a bearish Bearish

Words used to describe investor attitude. A bearish investor believes that a particular asset or the market as a whole will decline in value.


bearish 
 trade in the home improvement arena. Learn about Palomar Medical Technologies Inc (Nasdaq: PMTI PMTI Potomac Massage Training Institute
PMTI Project Management Training Institute
) and Fastenal Company (Nasdaq: FAST). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the January 24 Featured Expert column by Dr. Edward Olmstead include:

OPTIONS PLAY OF THE WEEK

This week Dr. Edward Olmstead and his team provide a bullish trade on a company in the medical appliance industry and a bearish trade on a company in the home improvement industry.

Palomar Medical Technologies Inc (Nasdaq: PMTI): On Monday (1/23), PMTI closed at $37.95. Based upon fundamental and technical analysis, it is projected that over the next 4 weeks, PMTI will rise to the level of $41.50.

Trade: Buy 1 Feb 35 call

Cost = $410

Max risk = $410

If PMTI rises to $40.20 anytime before the February options expiration date Expiration Date

The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.

Notes:
The expiration date for all listed stock options in the U.S.
 (2/17/06), this trade should show a profit of at least $110 for a gain of 27% or better.

Fastenal Company (Nasdaq: FAST): On Monday (1/23), FAST closed at $38.77. Based upon fundamental and technical analysis, it is projected that over the next 4 weeks, FAST will fall to the level of $36.00.

Trade: Buy 1 Feb 42.5 put

Cost = $400

Max risk = $400

If FAST falls to $37.50 anytime before the February options expiration date (2/17/06), this trade should show a profit of at least $100 for a gain of 25% or better.

Read Dr. Edward Olmstead's complete commentary regarding the two trades listed above and learn more about options by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
 has assembled as·sem·ble  
v. as·sem·bled, as·sem·bling, as·sem·bles

v.tr.
1. To bring or call together into a group or whole: assembled the jury.

2.
 the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service.  newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile To translate a program written in a high-level programming language into machine language. See compiler. , analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register now for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=87

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 to buy or sell any security.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 30, 2006
Words:601
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