No new trades, just here for a quick update.

It's Friday afternoon. All eyes have been on the commodities rout that took place over the last 48 hours or so, and last week for silver. Going to certainly look to add to positions over the weekend, some serious selling going on and I wan't to scoop up something cheap cheap.

20 Oct'11 SLV 35 Puts = 4.95ask = -495*2 = -$9900.00
10 Jan'12 LULU 80 Puts = 8.70ask = -$8700.00

Cash = $109,720.00

Liabilities = 9900 + 8700 = $18600

Total = 109,720 - 18,600 = $91,120

currently sitting on a loss of $8,800 or 8.8%. Terrible timing on the SLV options, but looking to add to the position, this rout has been of mighty proportions. LULU sitting fine, a little correction but nothing to think twice about.