Today we faced a reporting setback – a core formula we had been using in almost every report was depreciated without warning. We’re working on coding a replacement ourselves, but aren’t anticipating that being complete for some time. Until that solution is complete, reports will be delayed by one day and can be expected before market open the following day.
We’re still facing steady headwinds in our portfolio, Oasis petroleum dropped a devastating 10% in trading today. That puts that position into real loss, but we’re still somewhat insulated from the loss we would have faced in the pure stock position. We remain confident that we’ll see a rally in the 67 days remaining to expiration.