[Buying LEAPS Calls on SPY/Buying to Open Dec '06 120 Calls (CYYLD)/Day Order/Limit $13.70]
Dear Member,
SPY remains in a strong uptrend, has recently broken through resistance and offers a play on the SP-500. I am placing an order to buy some in the money 120 LEAPS calls that expire in December 2006 for a limit of $13.70.
I hope everyone has a great Thanksgiving.
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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