[Entering LEAPS Calls on Bea Systems (BEAS)]
Dear Member:
Bea Systems (BEAS) has bumped above the 40 day moving average, DMI and MACD have both shown positive crossovers. I like the just in the money Jan '09 12.50 calls (VZPAV) on a day order at a limit of $3.20. These calls currently have a delta around .70.
DISCLOSURE: At the time of publication, I have no position in the referenced LEAPS or the underlying stock.
Sincerely,
Bill Kraft
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