Sunday, March 22, 2009

03/22 RUT Condor - Daily Update

RUT eased off from the 420's area. Got really close to my stop loss. The probabilities of success are better now. No change planned, only contingent orders for stops

Probabilities of Success:
1) 94% it will be adjustment-free
2) 75% implied probability of expiring profitable
3) 97% historical probability of staying between B/E untill Friday before expiration week

Contingent orders:
1) Take profit for CALL and PUT spreads @.10c (GTC order)
2) Stop if at or above 422 or at or bellow 295 (Day Order)
Here are the profile, dashboard and historical probability charts



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