Update 4/8/10

OEX Vertical

OEX approached the short put strike of 535, but then bounced to close at 542, putting the short vertical in good shape for expiration. It did not bounce enough to sell a call vertical and create an Iron condor, so this one will remain a vertical. The position was up 7.4% and is up 3.2% total.

WSM PCCRC

The WSM position lost 2% and is down 2% overall. I am still looking to close the entire position near breakeven rather than rolling. Due to a quote error, the graph and p/l are incorrect, so I will not post the risk graph.

AAPL PCCRC

I made 2 adjustments to the AAPL position to get it delta neutral and prepare for an IV spike before earnings. I rolled the Apr 210 call to May for 1.80 credit and I rolled the Jul 210 call to 240 for a 19.50 credit. The risk graph shows a change in volatility rather than expiration graph. The position was flat yesterday and is down 9% overall. I plan on letting the short Apr 210 puts expire worthless, then close the entire position on Apr 20.