06/09 DIA Iron Butterfly

This trade was an awesome excercise of the "trade like you mean it" rules! I kept the position under tabs even though I over-traded it early on the trade.

One way or another, I'm now learning about unraveling the spread. See the last chart on this post and you'll see the sequence I need to execute my exit orders in order to keep the delta fairly flat in the process.

NOTE: This trade is costing a bundle in commissions in relationship to its size. My next Iron Butterfly will be at least twice as big.