[Contingency Met/Jan '07 90 LEAPS Calls (OWOAR) Sold/Filled @ $10.30]
My contingent stop on the Reynolds American (RAI) stock was hit and my Jan '07 90 LEAPS calls (OWOAR) were sold for $10.30 a share. I bought them 10 days ago for $8.70 so this represents an 18 percent return on risk before commissions in just 10 days.
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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