Wednesday, November 10, 2010

11/10 Daily Summary




Got a great break Today, am very grateful the market backed off from Today's lows. I continued to condorize the position by rolling additional call spreads up. So far looking good, we'll see what Tomorrow brings, my plan for adjusting is loaded and I'm basically down to removing spreads if we keep moving against me, at this point with only a few days left it is all about risk management and staying on top of the gamma exposure. Cheers!
Gustavo

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