Day 18, $20,793

Markets had a nice up move today based on a weaker dollar and merger and acquisition news. The bull trend continues. So far all my credit trades are working to my advantage, with time decay on my side. NTES had a really nice move up based on an impressive earnings report from NTES competitor Shanda. I might consider a long call position on NTES because I think that there is a lot of growth potential. I might also consider adding a short term bear call to my bull put position for an iron condor to take advantage of time decay.

No change to current positions. Not adding any new positions at this point. Will continue to keep an eye on the market and watch my current trades. Since the trades have been placed, the due diligence has been done so there really isn't a lot of additional time required just so long as my trade doesn't become broken. We shall see what tomorrow brings.