Update 3/18/10

SPX Monthly IC

The SPX IC made 4% today and is now down 11%. The adjustment flipped the VEGA from negative to slightly positive, which somewhat defeats one of the purposes of having the ICs with the PCCRCs, that is balancing the VEGA. I added a RUT IC today to help with that.

OEX 2.5 Day IC

The OEX IC went to almost max profit today and is up 6.5% with one day to go. It should be in good shape being 8 points from the short put and 12 points from the short call.

RUT Monthly IC

I finally got filled on a RUT IC with the short strikes at 640 and 720 for a 3.25 credit. The position is flat so far.

AAPL PCCRC

Not a lot of movement in the AAPL p/l, it is down 9% overall after losing 1% today.

CREE PCCRC

This one lost 1% and is up 23% overall.