Today I struggled with the down-side adjustments, specially on the RUT position. They were hit and the market reverted back up, but I stayed negative on the RUT because of the high price paid for the adjustment.
Both trades would be positive by over 6% if I had made no adjustments Today. This leads me to the conclusion that I'm keeping my adjustments too tight. This requires some fine-tunning on my part, specially after the long weekend, it hurts giving up that much theta..
Position Details:
07/02 SPX Iron Butterfly
07/03 RUT Iron Butterfly
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment