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Trade Update June 4th, 2012 at 10:15am: Since entering the C Sept 30/25/20 Put Fly back in late April for .56 when the stock was 33.55, the stock is down 25%.    I am now …

3rd Trade Update May 18th, 2012 at 12:11am:   With Citi down again I am going to close the last qtr of this position for a 2.46 gain…..With the stock at 26.27 I just sold the …

Trade Update May 17th, 2012 at 10:22am: Citi is now down 20% since initiating the C July 32/27 Put Spread on Apr 27th for 1.00.  I sold 1/2 the position last week at 1.75 for a .75 profit, …

Trade Update May 8th, 2012 at 2:45pm:  Since initiating the C July 32/27 Put Spread on Apr 27th for 1.00, the stock is down about 7.5%.  With the SPX now down about 4.25% from last week’s high …