07/17 MNX Iron Butterfly Backtesting

This is so far the worst scenario I've come accross for 2009. The trade would have hit max loss by the #5 bellow. If one had a wider stop, one could have taken the ride all the way to expiration and come out of the mess with a small loss.

Also, for consistency reason, I'm only adding a baby butterfly once, it is very likely that adding a second butterfly would have taken care of the trade and possibly avoided max loss. I can re-test it again later on, but for now, that's the result:

APR/09: -20% ROI (Max Loss)
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07/16 MNX Iron Butterfly Backtesting
07/15 Backtest Challenge

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