Wednesday, April 29, 2009

4/29 EWZ Double Diagonal

EWZ Hit my first adjustment level Today. At 45.30 I moved 2 contracts from 44 to 47, cutting the Delta in half and giving now more space for the trade to work. Next adjustment will be to move the remaining contract if we hit 47.

I was confused Yesterday regarding Tighten the Noose, I then evaluated my strategies and decided to do so if I hit 70% of my profits. To make the decision process easier I added the levels to my P&L chart on the dashboard.

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