[Selling to Close Jun 65 Call (RYLFM) on Ryland (RYL)/Day Order/Limit $0.10]
Dear Member:
Ryland (RYL) has not held at support. I already guaranteed a profit in my original spread by closing the 60 call leg yesterday. Now, I am adding to my profit by selling the Jun 65 calls (RYLFM) at $0.10. If filled I will have enjoyed a 16% return on risk in 8 days before commissions. That will definitely help make up for my loss on the UNT condor.
DISCLOSURE: At the time of publication, I own the Jun 65 calls on RYL.
Sincerely,
Bill Kraft
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