[Closing Nvidia LEAPS Position]
Dear Member:
Nvidia (NVDA) gapped up this morning, soared and then pulled back to near the open price. My Jan '09 35 LEAPS calls (OLIAG) now have a nice profit that I am going to attempt to realize. I am placing an order to sell to close the Jan '09 35 calls (OLIAG) at a limit of $1.40. If filled, that will give a 90 cent a share profit or a gain of 9.5% in a short time.
DISCLOSURE: At the time of publication, I own the referenced calls.
Sincerely,
Bill Kraft
|
