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Tuesday, May 10, 2011

DF pops on earnings surprise

The Dean Foods trade I wrote about earlier this year is beginning to pay off. The .50 spread is now trading for 2.40 or about 480% higher. This spread can be closed now or the puts can be bought back to let the calls ride. Hopefully we have seen the bottom in DF and it continues higher!

Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.


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