Friday, June 12, 2009

06/12 SPY Double Diagonal

The main thing to notice is that the Volatility has dropped by 12% on this trade, I'm checking the middle of the graph at expiration to see if the P/L there has collapsed or not, so far it is very good, only dropped by about 2%, leaving with 15% ROI in the middle. Notice, if we see a large drop it is a sign to get out.

Other than that, time is going by, so I'm starting to look for the $ to show up.

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