out MCD 57.5 strike @ .90.

A bit early I think, but don't need this big of a short line out right now....esp with the continued action by the govt.

MCD was a bit stronger than I like to play anyways.

Stops in on TOL and BAC.......

Picked up TOL $20 strike @ .45

Picked up BACVE out of sympothy actually

EOM


Current account.
Symbol Quantity Avg Price Last P & L % P & L Market Value
BACVD 1 $0.49 $0.21 $-28.00 -57.14% $21.00
BACVE 1 $0.60 $0.60 $0.00 0.00% $60.00
MCDVY 1 $0.55 $0.95 $40.00 72.73% $95.00

Market holding firm. Bit of a surprise

BAC puts are cut in half now. MCD still holding well so I'm going to hold that put.

Market +256 ATM and no sign of weakness ATM.

hmmmmm kinda interesting here. Still mostly cash.

2nd best day in my life

Glad I was able to take advantage of the day. Just short of $500. I believe the equity balance is around $1250 now from $800.

Might take a break tomorrow and do some fishin or just get away.

Executions:



Positions:

Symbol Quantity Avg Price Last P & L % P & L Market Value
MCDVY 1 $0.55 $0.95 $40.00 72.73% $95.00
BACVD 1 $0.49 $0.34 $-15.00 -30.61% $34.00

BOT BAC $20 put @ .49.

Figured I should still have some exposure to this market.

Closed 4 puts today holding 2 more. MER and BAC made a nice chunk on.

Executions today:

09/29/2008 3:40 PM $-54.00 Bought 1 BACVD@ $0.49 Details
09/29/2008 3:39 PM $260.00 Sold 1 MOJVX@ $2.65 Details
09/29/2008 3:35 PM $235.00 Sold 1 BACVF@ $2.40 Details
09/29/2008 1:56 PM $105.00 Sold 1 BACVA@ $1.10 Details
09/29/2008 11:43 AM $110.00 Sold 1 MOJVG@ $1.15 Details

Closed the MER $22.5 @ 2.60 as well

Sorry for the late post....anxiety was gettin to me