[Closing Put Position in Silicon Labs (SLAB)]
Dear Member:
Silicon Labs (SLAB) has broken up out of the area of resistance with which it had been dealing. That's the wrong way for me so I am selling to close my Jan 35 puts (QFJMG) by placing an order to sell at the market. That should get about $2.20 a share. I'll be posting the final (losing) result in the Trade Table later today.
Sincerely,
Bill Kraft
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