Tuesday, November 18, 2008

Mon 17-Nov-08 Fund Series A & B Update

Today market dropped further since last week. Volatility for MS crossed 200% and C crossed 158%. Decided to setup some positions for Dec month.





Fund A
SELL to Open 10x on MS-Dec-7.5-PUT at $1.10.
SELL to Open 10x on C-Dec-7.5-PUT at $1.00.
SELL to Open 20x on C-Dec-5.0-PUT at $0.40.

Fund B
SELL to Open 10x on MS-Dec-7.5-PUT at $1.06.
SELL to Open 10x on MS-Dec-5.0-PUT at $0.45.
SELL to Open 10x on C-Dec-7.5-PUT at $1.03.

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