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.

I'll re-evaluate what I did wrong on this trade, I over traded the position for sure. See separate posting on over adjusting.

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