Friday, October 29, 2010

10/29 Daily Summary

It seems that volatility is the issue for this past week, price action is not that active but due to the wide intra-day swings and the proximity of the FMOC (Tuesday), market makers are pushing the volatility higher on my short contracts, this is making the position look worse than it should. I will be looking at it in more details over the weekend to see exactly what this looks like for the contracts I have in place.
Cheers!
Gustavo