Thursday, June 11, 2009

06/11 MDY 30-Day Condor

I over adjusted on the up-side, cut the delta by too much, the price whipsawed and now the down-side might be at risk.

I won't watch the market during the day Tomorrow, so I have an entry order to cut the delta in 1/2 if MDY it gets at or bellow 106.5, then re-evaluate at the closing. See separate posting on over adjusting.

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