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VDE Position Update
VDE at 105.something. Me 211 long and strangle 100 at $101.00 net about $1300, is in the money.
We are near fair value on XOM and CVX now. XOM comprises more than 20% of this fund.
Salud,
Scott
Disclosure: I am long VDE.
Additional disclosure: 211 long, short (1 contract) strangle sold at $101 December for ~1300 income.
Instantaneous Portfolio Value 864308
Instantaneous Portfolio Value 864308