Friday, September 26, 2008

NET LIQ VALUE: $31,727.15

Just a quick update.

Got back from Vegas (and L.A.) and AC a few days ago. Started playing craps and it is SOOO fun!

anyways, most of my SHLD short vertical calls expired worthless ($$$), except the naked call for $100. That got assigned when it closed at about $103. When I woke up in L.A. at around 10am or 12pm EST and found out it was trading at around $96.99 and I quickly covered for a tidy profit. This was 5 contracts, so short 500 shares of vanilla equity.

Started trading the VIX, currently have some naked calls expiring in October; several options, strike ranging from $37.75 - $42.75. I believe it is cash settled because I can't trade the VIX itself.

My ES day trading is doing pretty swell as well. :)

That's all folks!

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