December 3rd Options Morning Update

Updates as of 9:00 am.

Margin requirement $29,860

We are essentially through with early month selling of puts and calls.

Our time decay on all positions is about $100 day.  This would return 50% of equity,
if we collect all of this - this will not happen.  The primary goal is to monitor
positions and keep losses on any 1 side to less than $500 or 200% of amount collected, If the
market hits one side but not the other it will be a break even trade.  Our objective is to
collect 25% on $50K.

Disclaimer:  Past performance is not indicative of future results.  You can lose money trading futures and options.