[Exiting Yahoo (YHOO) LEAPS Trade/Selling to Close Jan '09 25 Calls (VYHAE)/Day Order/Limit $6.20]
Dear Member:
Yahoo (YHOO) has hit an area of resistance and been unable to break through for now. I am going to take profit in my position and am placing an order to sell my Jan '09 25 calls (VYHAE) at a limit of $6.20. If filled, this will result in nice return in just a couple of days.
DISCLOSURE: At the time of publication, I own the Jan '09 25 calls on YHOO.
Sincerely,
Bill Kraft
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