Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Wednesday, May 20, 2009
5/20 MDY 30-Day Condor
I added this trade Today. I've set it up to go slightly delta negative to begin with, should MDY rejects the down-side and pushes higher Tomorrow, my plan is to enter CALL insurance or the second lot to help out with the position's delta.
All content on this site is provided for informational and entertainment purposes only. It is not intended as advice to buy or sell any securities. Nothing should be considered or construed as personalized investment advice. Stocks are difficult to trade; options are even harder. Please do your own homework and accept full responsibility for any investment decisions you make. Although I may answer your general questions or comments, I am not licensed under securities laws to address your particular investment situation.
ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
No comments:
Post a Comment