Friday, July 31, 2009

07/31 MNX Iron Butterfly

So far, the best position out of the ones in trouble. The MNX Iron Butterfly is handling very well and I find that once I make the adjustments, they don't kill the trade's potential for profits. I'll have a long and hard discussion with my risk manager (aka wife) to discuss why we're doing anything but the iron butterfly in the portfolio.

So far, the trade recovered nicely and if we pull back it will be profitable faster.

No comments: