Wednesday, April 15, 2009

04/15 EWZ Double Diagonal

I am glad I didn't bypass my rules and adjusted the UP-side sooner, I'd be upset with myself by adjusting earlier. So, on a personal note, I'm glad that I was able to stick to my plan of adjusting if EWZ at or above 45.30, as you can notice, price backed off from those levels, so we got a few extra days of time decay. Every little bit counts.

On a second note, the PUT spread came off Yesterday. I'm glad that it was filled and we locked in 90% of the profits from the PUT side.

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