Considering a 6 week market slide, The June 2011 MCM portfolio managed to scrap out a $550 profit even considering the spreads that went against us, like the ESI (call spread ) and WFM (put spread) and the closing of the FDX (87.5 put)

The portfolio was able to hold on for a slight gain as we go into the JULY 2011 month expiration series.

The exact positions can be shown in the PORTFOLIO section of the newsletter.

The initial MCM July 2011 watch list is noted below.