Friday, March 26, 2010

Update 3/26/10

SPX IC
I was unable to watch the market for most of Thursday and it worked out in this trades favor because I would have closed it for a larger loss. As it turned out with the market drop yesterday and today many of the losses on this position were wiped out and I closed the entire position for a 4% loss. 

OEX IC
The 2.5 day OEX IC worked again this week as all options will expire worthless as OEX closed almost dead-center at 534.81. This trade yielded a 6% gain in 2.5 days. I do not plan on trading the OEX 2.5 day IC next week as I will not be able to watch the market.

RUT IC
The RUT IC is doing well up 2% today and 5% overall. The center of the risk graph is at 680 and RUT closed the week at 678.97.


AAPL PCCRC
The AAPL PCCRC position is up 1% over the last 2 days and is down 8% overall.


CREE PCCRC
The CREE position continues to struggle this month and was down 3% the last 2 days while up 18% overall.



WSM PCCRC
The WSM position is hanging out near breakeven and has a 1% gain overall.


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