[Buying LEAPS/Buying WGYAV/Limit 3.70]
Dear Member:
I am placing a limit order to buy 10 contracts of Micron's (MU) '06 $12.50 LEAPS (WGYAV) at $3.70 or better for the day. MU is bouncing off a support. My initial exit will occur if the stock price touches 13.10. The stock is presently trading at 13.50.
DISCLOSURE: At the time of publication, I did not have a position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft
CutLoss, Inc.
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