Wednesday, August 26, 2009

08/26 RUT Iron Butterfly

RUT Made a small recovery Today, adding the extra butterfly to increase theta is helping. If we move up I may have to roll the 560 Calls, will do that at the end of the day and not with a contingent order. For now, the contingent order is to buy a long call to hedge deltas, and by the end of the day I'll evaluate if it is time to start rolling the 560s
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