[Moving Stop on Chubb (CB) Jan 70 Puts (CBMN)/Contingent on CB stock exceeding $67.85 sell Jan 70 Puts (CBMN)]
Dear Member,
Chubb (CB) is falling and I want to move my stop with it to attempt to lock in profits as it goes my way. Therefore, I have placed a sell stop on my Jan 70 Puts contingent on the stock exceeding $67.85.
DISCLOSURE: At the time of publication, I am long the referenced Jan 70 Puts (CBMN) on Chubb (CB).
Sincerely,
Bill Kraft
CutLoss, Inc.
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