[Moving contingent stop up on Chiron (CHIR) '06 40 calls (YXIAH)/Stop to sell Jan '06 40 calls (YXIAH) now contingent on stock going below $34.10]
Dear Member,
The Jan '06 40 calls (YXIAH) on Chiron (CHIR) have a fairly nice unrealized gain and the stock is presently dealing with a resistance/support area. I am moving my contingent stop up to try to protect profit and to try to avoid a loss in the event of a downturn. The stop to sell the Jan '06 40 calls (YXIAH) is now contingent on the stock going below $34.10.
DISCLOSURE: At the time of publication, I own the Jan '06 40 calls on Chiron (CHIR).
Sincerely,
Bill Kraft for
CutLoss, Inc.
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