Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Friday, May 29, 2009
05/29 MDY 30-Day Condor
MDY got close to hedging level. There isn't a long contract that will cut my deltas in 1/2, the only alternative would cut it too much, since this position is very small, I will have to use a debit spread to cut the delta, hope I won't even need it, we'll see.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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