June 27, 2012 Trade Update

Hi All,

I made an adjustment on the July M3 trade this afternoon. I purchased 2 – 72 IWM calls for $5.73 to help with an upside Gamma trend problem.

Both Bearish butterflies remain unchanged.

Sounds like it could be an interesting day tomorrow, at least politically if nothing else.

I’ll keep you updated with any changes!

John