[Closing Position on Northfield (NFLD)]
Dear Member:
Though it is early in the day, I don't like the way Northfield (NFLD) is behaving and I have plenty of profit in my naked put position. I am placing an order to buy to close the Dec 10 puts (DHQXB) at a limit of $0.40. If filled, I will keep half the credit I got when I entered the position, and will make $0.40 a share without having had any investment.
DISCLOSURE: At the time of publication, I am short puts on NFLD.
Sincerely,
Bill Kraft
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