[Moving stop up on Knight Trading (NITE) LEAPS/Stop to sell Jan '06 12.50 calls (YTIAV) now contingent on stock going below $11.39]
Dear Member,
Here is another position in which I now have a decent paper profit. In an effort to preserve much of that profit, I am moving my contingent stop up. My stop to sell the Jan '06 12.50 calls (YTIAV) on NITE is now contingent on the stock going below $11.39.
DISCLOSURE: At the time of publication, I am long the referenced options on NITE.
Sincerely,
Bill Kraft for
CutLoss, Inc.
|
