[Closing Put Position on Sandisk (SNDK)]
Dear Member:
Sandisk (SNDK) fell sharply this morning putting my Jul 45 puts (SWFSI) nicely into the black. I am placing an order to sell to close the Jul 45 puts (SWFSI) at a limit of $7.10. If filled, this will result in about an 11% return before commission.
Sincerely,
Bill Kraf
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