Thursday afternoon here. The commidites market has gotten tempermental again, with some wild swings in both directions. I won't go into great detail, but silver got hammered. But it took the lickin, and it's still tickin, because it's back, and has even moved positive for the day, close to a 3 dollar move off the lows this morning. Good day traders must be loving SLV, they'll be taking millions out of it if they know what they are doing (lucky).

As for our positions, the volitility is definitely huring our options prices, but the time decay will slowly start working in our favor, as SLV is still trading above what our effective entry price (if it were to close out october at these prices, the options would be put to us however).

As for LULU, the shares seem to have found serious support in the upper 90's, and appear content to bounce around this area. Again, with time on our side, bounce LULU, bounce around all you like.

Account Details

Cash = $113,020

Liabilities = 30*4.60 = 13,800; 10*8.00 = 8,000; 13,800 + 8,000 = 21,800.

Total = 113,020 - 21,800 = $91,220

currently sitting on a $8,780 dollar loss, or 8.78%. Still not feeling the love, but give it some time. Still very early. The LULU trade should start moving in our favor slowly.