[Entering Put Position on Silicon Labs (SLAB)]
Dear Member:
Silicon Laboratories (SLAB) has bounced down off a multiple level resistance with the next support down about $1.40. I am placing an order to buy the Jan 35 puts (QFJMG) at a limit of $3.30 which is right between the current $3.20 bid and the $3.40 ask.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft
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