Saturday, April 11, 2009

04/11 MNX 45-Day Condor

The trade is taking a lot of heat on the up-side. So far we have had several up days, and only one down day. The P&L is hurting, the volatility is helping. We'll see how it develops. Price is oscilating out of the 1 st. deviation on the volatility cone.

Note: This could be a point for adjusting the trade. I'm trading with no-adjustments in mind, but want to note this here for future reference. Will keep track of a possible adjustment on the paper-trade account

Probabilities with 25 trading sessions to go:
77% implied probability of success
91% historic probability of success

Dashboard, Historical Probability and Profile charts:

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