[Stopped out of Knight Trading (NITE) LEAPS/Sold Jan '06 12.50 calls (YTIAV) for $1.55]
Dear Member,
My contingent stop was hit and I sold my Jan '06 12.50 LEAPS calls for $1.55. This trade yielded a 40.9% return on risk before commissions in about three weeks!!!
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft for
CutLoss, Inc
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