August 9, 2011

8/9:

SPY: -$34,542
hedge: $4,618.59

Net for this trade:
-$29,923.41 (unrealized)
+$1,223.60 (realized)
+$2,931.69 (realized)
+$1,129.72 (dividend)
——————–
-$24,638.40

Drawdown from yesterday reduced by over 50%.