[Closing Short Leg of Sirius Satelllite (SIRI) Spread]
Dear Member:
Sirius Satellite (SIRI) has channelled back to support so I can now buy to close the short leg for a profit. I am placing an order to buy to close the Jan '09 5 calls for $0.60. If filled, I will have made 15 cents a share on this leg an still own the '09 2.50 calls.
DISCLOSURE: At the time of publication, I have a spread on SIRI.
Sincerely,
Bill Kraft
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