November 5, 2010 Trade Update

Hi All,

The Nov. 55 day trade and the Nov method 1 trade both got adjusted today. These are basically the same position, one bigger than the other.

I rolled all the 640/690/740 butterflies to 660/710/760.  The positions are below.

Nov 55 –

Nov method15 –

The plan from here is to pull the position with a hard down move and to roll the 740 butterflies forward to 760 on an up move and then hold till max loss.

As far as the other trades, nothing has been done yet. The November method 1 is still in good shape so no problem there. The December 55 trade should have been added to but the November 55 is over capitalized right now and I’m waiting to see how the November positions make out first.

Other positions are shown below:

Nov m1-

Dec 55-

That’s it for now. Make it an awesome weekend!