Tuesday, August 18, 2009

08/18 RUT Iron Butterfly

I entered this new position Today. Following Dan Sheridan's advice, I looked into placing my long contracts a bit closer than I have been doing on the MNX Iron Butterfly. This made my expiration break-even about 5 points short on each side, however, it gave me a much smoother P&L curve and I like that!

So, here is the profile at day 1

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