[Buying LEAPS Calls on Biotech ETF (BBH)/Buying Jan '07 200 Calls (OEEAT)/Day Order/Limit $29.50]
Dear Member,
The biotech ETF (Exchange Traded Fund) represents a cross section of the biotechs which look fairly strong to me. I am placing an order to play the whole sector by buying the Jan '07 200 Calls for a limit of $29.50. This is a day order.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying ETF.
Sincerely,
Bill Kraft for
CutLoss, Inc.
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