Update 4/14/10

RUT IC

The RUT IC moved to the first adjustment point in just one day, not a good sign. I tried to roll up the calls 2 strikes and increase from 4 to 5 contracts, as well as roll up the puts 3 strikes and decrease from 4 to 2 contracts. I ended up getting the puts filled and only partially filled the calls. I will try to get the other order through tomorrow. The position lost 11% today and is down 12% overall. The current risk graph is below. I also tried to fill a OEX 2.5 day IC today, but did not get filled. I may try that one again tomorrow.

AAPL PCCRC

The AAPL position was flat today. IV was flat, the underlying was up, but it is a negative theta position at this point. The puts should expire worthless Friday and earnings will come Tuesday.