[Closing Jan '06 $25 LEAPS on Lam Research (LRCX)/Sell to close Jan '06 25 LEAPS calls (WMJAE) for $4.20 limit]
Dear Member,
Lam Research has not been able to hold over $22 today so I am cancelling my contingent and selling my Jan '06 25 LEAPS calls (WMJAE) at a $4.20 limit. If filled, this will represent a 10.5% return in ONE DAY!!!
DISCLOSURE: At the time of publication, I am long the referenced Jan '06 $25 calls (WMJAE) on LRCX.
Sincerely,
Bill Kraft
CutLoss, Inc.
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