Disposition of open November positions for Friday's (tomorrow's) expiration.

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Portfolio #1:

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Issues we will have to act on tomorrow.

RHT, MRK( calls )

RHT - RHT calls RHT November 45 call will have to be closed as RHT is in the money by over $1.32. Unless we get a $1.32 plus pullback tomorrow we will have to close out the RHT 45/47 call spread before tomorrow's close

MRK - MRK calls are $1.82 in the money and we will also need a $1.82 pullback tomorrow or we will have to close out the MRK 56/48 call spread as well before the close.

Issues we will need to watch and potentially might have to act on tomorrow.

NE - NE calls =The NE $40 call is $0.41 in the money and we will need a $0.40 pullback tomorrow or we will have to close out the $40 before the close.

ZION - ZION calls are also $0.12 in the money and will need to close below $29 or we must close out the position before the close. You may choose to close early tomorrow for a few cents if we get a down opening in ZION or else you can wait until later in the trading session to close out the position, if ZION looks to close below $29 you need do nothing as the ZION would expire worthless. Watch closely and act accordingly

Open positions that should expire worthless tomorrow.

Call Spreads on: VECO, MLNX

Put spreads on: RHT, MRK

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Portfolio #2:

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Issues we will have to act on tomorrow.

HD ( calls ) and LULU (puts).

HD - HD calls- The HD $77.50 call is in the money by $1.44 with the stock at $78.94 and we will probably have to close out the Short HD $77.5 call tomorrow before the close, as the long $80 call will have no value ( more than likely ). Anyway be prepared to close out the HD $77.5 call unless we get nearly a $1.44 more pullback before tomorrow's close.

LULU - LULU puts - The LULU 67 put is in the moneyby $0.82 and was not a problem until today's $2.80 pullback. We will need at least a $0.82 to get this put to expire by closing above $67. Watch closely tomorrow and act accordingly.

Open positions that should expire worthless tomorrow.

Call Spreads on:DE, LULU, VMQ, CREE, GMCR

Put spreads on: JOY, PN, HD. GMCR

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Portfolio #3:

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Issues we will have to act on tomorrow.

GLD (puts), MRVL ( calls ).

GLD - GLD puts -The GDX is $0.45 in the money, if we can get another jump in Gold tomorrow we might have the chance to have GDX to close above $25 and thus cold expire worthless, however GDX is currently in the money and the GDX $25 put will have to be closed if GDX closes below $25 tomorrow. If we get a break and GDX closes above $25 you then would need do nothing, but only if GDX is over $25, if not you must close out the GDX $25 put tomorrow before the close.

MRVL - MRVL calls The MRVL $13 is $0.69 in the money and I have a strong feeling we will have to close this one out tomorrow before the close as it looks to close above $13. Watch and act accordingly.

Issues we will need to watch and potentially might have to act on tomorrow.

FIO - FIO calls - The FIO is $0.28 out of the money and if the stock doesn't rise more than $0.28 tomorrow, FIO Nov $11 call should out of the money and expire worthless. Watch tomorrow.

The remaining Open positions that should expire worthless tomorrow.

Call Spreads on: SLV, BBRY

Put spread on: HPQ

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Caveat: IF any spread short position looks to close in the money, you will need to act before the close tomorrow and close out that position if it looks to close in the money if even by only $0.01, or you could have stock called away from you that yo do not own or assigned to you that you may not want.

The MCM December watch list and Portfolio will begin posting tomorrow evening after the MCM November options come off the board on Friday.