07/15 SPX Iron Butterfly *Stopped*

Not happy to report the trade bit the dust Today. No way to survive such a strong move in the last week with that much Gamma. That's why the folks at Sheridan Mentoring are strong about beign SUPER careful during the expiration week.

Well, I had the option to exit around 10 AM EST at max loss. It would be my clue to shut down the trade. I left the position open just to see what it will happen to it, but as far as this experience is concerned, the trade is over at max loss + some (commissions and slippage).

Position's history day-by-day:
07/14 SPX Iron Butterfly
07/13 SPX Iron Butterfly
07/09 Daily Update
07/08 Daily Update
07/07 SPX Iron Butterfly
07/02 SPX Iron Butterfly
07/01 SPX Iron Butterfly
06/30 SPX Iron Butterfly
06/29 SPX Iron Butterfly
06/25 SPX Iron Butterfly
06/24 SPX Iron Butterfly
06/23 SPX Iron Butterfly
06/22 SPX Iron Butterfly

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