Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, June 1, 2009
06/01 RUT 30-Day condor
The position is hedged, There is no longer up-side risk, it can still make $, provided we retrace and start trading under the short strikes. Otherwise I might have to review it once again, as time decay is actually hurting the position (it is theta negative as of now).
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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