[Closing LEAPS Position in Shanda Interactive Entertainment (SNDA)]
Dear Member:
Shanda Interactive Entertainment (SNDA) has jumped since I bought the Jan 2010 30 LEAPS calls (WWUAF) since my entry yesterday. I am placing an order to attempt to close half my position at a profit today. My order is to sell to close half the position in the Jan '10 30 calls (WWUAF) at a limit of $15.60 for the day.
DISCLOSURE: At the time of publication, I own the referenced LEAPS calls on SNDA.
Sincerely,
Bill Kraft
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