07/28 MNX Iron Butterfly

I rolled one more 150 CALL contract, used a debit spread to buy the 150 and sell the 160 call. I didn't want to flatten my deltas completely, so my options were either to close one of the Long SEP calls or to "bebtize" one of them by selling a further out of the money SEP Call. I chose the latter and sold the 1x SEP 170 call.

If we rally Tomorrow, I'll buy back the 17o call and flatten my deltas, if we go down the trade will benefit from it.



Position's History
07/27 MNX Iron Butterfly
07/23 MNX Iron Butterfly
07/22 MNX Iron Butterfly
7/21 MNX Iron Butterfly
07/20 MNX Iron Butterfly
07/17 MNX Iron Butterfly
07/16 MNX Iron Butterfly *New*

Return to home page