Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, June 18, 2009
06/18 SPY Double Diagonal
I took the finger off the trigger on the trade Today. I was itching to exit this position. Given the weekend is just around the corner, and we find ourselves in the middle of the graph, I'll let it ride and look at it again Monday.
The only reason to exit Today would be axiety to lock in $, not a good reason just by itself.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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