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2024
September 22nd, 2011 at 11:05 am
As most of you are aware there are major challenges going on in Europe that is having a tremendous impact pact on our markets. Beyond that yesterday the Fed in its policy statement basically downgraded its outlook on the US economy.
Given the cards we are dealt with we will initiate the following adjustments to our October position. We will do a back ratio to our positions and buy back 5 contracts of our short 600 Put strike on the 15K/ 15 contract portfolio and 20 contracts on our 50K/50 contract portfolio.
+5 OCT11 RUT 600 Put — —For 15 K portfolio
+20 OCT11 RUT 600 Put – —- for 50K Portfolio