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Options Action: Green Mountain Coffee Roasters

Monday, 13 Sep 2010 | 5:53 PM ET

Considering shares of Green Mountain Coffee Roasters are up nearly 50% over the past 3 months, how should you play this stock?

If you’re already long and remain bullish Mike Khouw of Cantor Fitzgerald suggests protecting gains with the following options trade:

Buy the Jan 35 puts pay 3.70
Sell the Jan 30 puts @ 1.90
Sell the Jan 40 calls @ 1.90

Options Action
A look at how a GMCR trade can make you money, with Mike Khouw, Cantor Fitzgerald.

Learn more about this trade. Watch the video now!


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Trader disclosure: On Sept. 13th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Seymour owns (AAPL), (BAC), (INTC); Edwards owns (PM); Finerman’s firm owns (BAC); Finerman’s firm owns (GLW); Finerman’s firm owns (HPQ); Finerman’s firm owns (JPM); Finerman’s firm owns (PLCE); Finerman’s firm owns (DTG); Jon Najarian owns (AAPL) call spreads; Jon Najarian owns (ARST) calls; Jon Najarian owns (CSCO) call spreads; Jon Najarian owns (RHT) call spreads

For Patty Edwards
Edwards owns (PM) for clients
Edwards owns (KFT) for clients
Edwards owns (KMB) for clients
Edwards owns (TAL) for clients
Edwards owns (LEG) for clients
Edwards owns (WDFC) for clients
Edwards owns (JNK for clients
Edwards owns (LQD) for clients
Edwards owns (SPY) for clients
Edwards owns (VXX) for clients
Edwards owns (TIF) for clients
Edwards owns (JCG) for clients
Edwards owns (MSFT) for clients
Edwards owns (JPM) for clients
Edwards owns (C) for clients
Edwards owns (BAC) for clients
Edwards owns (HPQ) for clients
Edwards owns (CSCO) for clients
Edwards owns (INTC) for clients
Edwards owns (GLW) for clients
Edwards owns (V) for clients
Edwards owns (AEO) for clients
Edwards owns (SBUX) for clients

For Dennis Gartman
Funds managed by Gartman are short (GS)
Funds managed by Gartman are short (JPM)
Funds managed by Gartman are short (STI)

For Mike Khouw
Cantor Fitzgerald makes a market in (GMCR)

For Jeremy Zirin
***No Disclosures***

For Colin Gillis
***No Disclosures***

For Carter Worth
***No Disclosures***

CNBC.com with wires.

  Price   Change %Change
GMCR
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