[Contingent Stop Hit and Put Position on Lehman (LEH) Closed]
Dear Member:
My contingent stop was hit and my Mar 45 puts (LYHOI) on Lehman (LEH) were sold at $2.05 per share. That closes the put side spread of the iron condor on LEH. I still hold the call side and that appears as though it will probably expire without any further action on my part. Of course, I will keep an eye on LEH to make sure I need do nothing further.
Sincerely,
Bill Kraft
|
