FINAL September 2013 Portfolio #1 Results:

The MCM August 2013 Portfolio #1 showed a $5,620 loss for the month.


The sustain market run up and the gap opens did not give us too many oportunities to close out positions that had gone south, along with a surprise from the Feds doing the last week did us in this month.BMY, UAL, BHI, BX, APOL, DHI, PHM and JCP(puts) were losers in Portfolio #1.

The individual spread results from each position can be seen in the PORTFOLIO section of the newsletter for portfolio #1.

FINAL September 2013 Portfolio #2 Results:

The MCM September 2013 Portfolio showed a $60 gain

GMCR ( the initial call spread) went against us early and SOHU went against us late, with a little nick from NSC.

The sell off just did not materialize soon enough and the several condors to alleviate the spreads that went wrong helped at least helped us get out of the month in Portfolio #2 with basically a push.

The iron condors on GMCR, YUM, PRU did help

It is better to minimize the loss on one side with some gain on the other side.

The individual spread results from each position can be seen in the PORTFOLIO section of the newsletter for portfolio #2.

The watch list and PORTFOLIO for October will begin posting early this evening

We may adding additional MCM October positions this weekend and the MCM October Portfolio and Watch list will make its appearance a little later today.

We are also adding a third Portfolio #3 this weekend, which might be based on iron condors.

But even if not, it will include very low risk and low beta stocks under $20.

This should offer you another option if you wish even less volatility in the spread positions.