Here is where the October positions are as of Friday. There may be a selloff into the close or early next week as the reality of the proposal sets in. I am still looking at AAPL and DUG puts. We missed the boat on OXY yesterday. The stock is up $7.50. Also, Panera Bread bounced up on the short covering rumors from yesterday but is selling off today since the rule doesn't apply to consumer discretionary stocks. So put PNRA on your list. Finally, I am working out a Merrill Lynch/Bank of America arbitrage option trade. Have a nice weekend.