Third Cycle

Position Summary

Instrument	Qty	Days	Strike	Breakeven	Mark	BP Effect
/CL						-24843.00
1/1000 JAN 16 /LOF6 30 PUT	4	21	30	0.05	0.01
1/1000 JAN 16 /LOF6 40 PUT	-1	21	40	1.31	0.72
1/1000 JAN 16 /LOF6 42.5 PUT	-1	21	42.5	1.09	1.6
1/1000 JAN 16 /LOF6 45 PUT	-1	21	45	1.45	3.08
1/1000 JAN 16 /LOF6 47.5 PUT	-1	21	47.5	2.49	5.07

Second Trade Cycle Ended

The base positions were rolled as follows:

10/29/2015 11:12	SELL	-1	TO OPEN	/CLZ5 1/1000 DEC 15	40	PUT	0.25
11/17/2015 11:50	BUY	1	TO CLOSE	/CLZ5 1/1000 DEC 15	40	PUT	0.09
11/17/2015 11:50	SELL	-1	TO OPEN	/CLF6 1/1000 JAN 16	40	PUT	1.15
10/30/2015 11:59	SELL	-1	TO OPEN	/CLZ5 1/1000 DEC 15	42.5	PUT	0.43
11/17/2015 11:47	BUY	1	TO CLOSE	/CLZ5 1/1000 DEC 15	42.5	PUT	1.57
11/17/2015 11:47	SELL	-1	TO OPEN	/CLF6 1/1000 JAN 16	42.5	PUT	2.23
10/16/2015 11:44	SELL	-1	TO OPEN	/CLZ5 1/1000 DEC 15	44.5	PUT	1.12
11/17/2015 11:44	BUY	1	TO CLOSE	/CLZ5 1/1000 DEC 15	44.5	PUT	3.49
11/17/2015 11:44	SELL	-1	TO OPEN	/CLF6 1/1000 JAN 16	45	PUT	3.82
10/20/2015 11:29	SELL	-1	TO OPEN	/CLZ5 1/1000 DEC 15	46.5	PUT	2.1
11/17/2015 11:41	BUY	1	TO CLOSE	/CLZ5 1/1000 DEC 15	46.5	PUT	5.42
11/17/2015 11:41	SELL	-1	TO OPEN	/CLF6 1/1000 JAN 16	47.5	PUT	5.81

Downside protection:

11/17/2015 11:51

BUY

4

TO OPEN

/CLF6 1/1000 JAN 16

30

PUT

0.05

Finished operations:
Scalp SP500                $50.00
Scalp NASDAQ         $160.00
Nat Gas                       $200.00
4 /CL calls@34        -$140.00
-----------------------------------
Total with fees            $250.00

Cash  from Finished Transactions                                            
10/15/2015                           $3,017.00  First     cycle               
11/17/2015                           $3,267.00  Second  cycle              

They are not happy

This is a commodity that if you have 1 million barrels a day extra in the market, you just destroy the market. We are hurting, we are feeling the pain, and we’re taking it like a God-driven crisis. Sorry, I don’t buy this, I think we’ve created it ourselves.