Fund A & B Update

Wed 19-Nov update as of 11:33pm

Fund A
SELL to Open 20x on C-Dec-7.5-PUT at $1.35.
SELL to Open 40x on C-Dec-5.0-PUT at $0.50.

Fund B
SELL to Open 10x on C-Dec-5.0-PUT at $0.50.

Tue 18-Nov-08 update

Fund A - Both MS and C Implied Volatility still high. CNBC showing Berneke and Paul Hanson answering questions.
C announced cutting workforce by 52,000 people and stock price dropping for the past 2 days, should be close to bottom now.
SELL to Open 25x on MS-Dec-5.0-PUT at $0.40.
SELL to Open 20x on C-Dec-7.5-PUT at $1.09.
SELL to Open 10x on C-Dec-5.0-PUT at $0.43.