Concerns over European debt problems and the foreclosure crisis in the states appeared to dominate traders' thinking today as stocks struggled to stay positive. The SPX hit a low at $1185 before rebounding to close at $1198, down $2. RUT was more positive, closing up $3 at $727. Trading volume was flat with 3.2 billion shares of the S&P 500 stocks trading and volume declined 18% on the NYSE. Trading volume on NASDAQ increased 2%. The support that was found for the SPX is a positive sign that this correction may have run its course, although this market defies prediction. The only certainty is volatility.

My Dec iron condor is in excellent shape with a P/L of +$640, delta = +$13 and theta = +$136. It seems hard to believe that we will be looking at January options positions soon. Where did this year go?