One way or another, the delta is neutral on the position, so even if we move around on Tuesday, it won't hurt much.
Saturday, May 23, 2009
5/22 DIA Iron Butterfly
The fact I adjusted and made a small mistake Yesterday didn't help me much. Thankfully the trade is very forgiving and P&L is already recovering, with the long weekend time decay will provide further help and estimates is that I'll be at B/E provided DIA stays still over the long weekend.
One way or another, the delta is neutral on the position, so even if we move around on Tuesday, it won't hurt much.
One way or another, the delta is neutral on the position, so even if we move around on Tuesday, it won't hurt much.
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