Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, August 24, 2009
08/24 MNX Iron Butterfly
MNX took a break over the weekend, the position is now back in the black. Notice the Delta is under control and we got an increase in Theta. The goal for the trade is to keep theta running with at least 1% per day, so every quiet day books money in the bank.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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