Sovereign Bancorp (SOV)

[~6979~]

...amazing strength...dont forget that this stock has options,so if we ever feel any weakness,there are put options to protect our gains &/or swing trade...

...if one wants to keep shares and reduce risks,consider selling(to open)~SOVJA~ the $5 oct calls @ 1.40 for every hundred shares you own...this is a way that you can take profits and still keep your shares...called the covered call strategy...

or you can simply just buy puts...

...good luck everyone...trade on...