Papermoney gets a fill – thanks for a quick rally Mr. Market

Well, the quick run-up this morning provided a nice moment for the papermoney portfolio to get filled.  I’m not the proud owner of 90 SPY puts for March 2010.  Oh yeah, they are up more than 5 grand by the end of the day as well.  I’m not going to close them out for a while, as I’m playing these for a longer term bearish bent.