Japanese consequences unfortunately stop us out of our Prudential position. In reality this is one those losses that you just take with resolve, especially when you consider the loss of life and property that those in Japan are suffering at this time in their lives.
I have never been one that totally can separate the process of money from the empathy of emotional pain when the money comes at the expense of loss of life, a property and misfortunes of others in the world.
Sometimes you have to put things in prospective and sometimes things in the process of life need to be refocused.
PRU March 60 put stopped out for $3.65 at today's open. The March 50 was sold
for a credit of $1.49.
Creating a$2.16 NET DEBIT for the close of the spread.
HON and WFMI still have to be focused on for the next few days.