Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, June 11, 2009
06/11 DIA Iron Butterfly
I'm very frustrated with myself by not managing this trade properly Today. I cut the delta too late, then over cut it. Then DIA came back down and now is risky to the down-side. The intra-day pricing anomaly continued, and P&L only settled at the end of day. Once again, it was like driving without the speedometer.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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