[Closing LEAPS position on Intel (INTC)/Sell to close Jan '06 25 calls/Limit $1.60]
Dear Member,
For essentially the same reasons I am closing the LEAPS position on TSM, I am closing my Jan '06 $25 call position (WNLAE) on INTC for $1.60. This will represent a 6.7% profit in three weeks. I don't want to stay in this over the weekend.
DISCLOSURE: At the time of publication, I am long the Jan '06 25 calls (WNLAE) on INTC.
Sincerely,
Bill Kraft
CutLoss, Inc.
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