Thursday, August 27, 2009

08/27 Daily Summary

I'm very happy to say I'm up just above 2% on the current open positions. Most positions did recover well after a few days of indecision in the market. As far as I'm concerned, let's stay directionless for another week, shall we?

I posted another KEY posting Today: When do I cut Deltas on Iron Butterflies? This is answering a question I have received a couple of times already: when/how do I cut deltas? I made my best to explain in there, everyone, feel free to share your thoughts, comments, etc.

Position's Details:
08/27 IBM Calendar
08/27 RUT Iron Butterfly
08/27 MNX Iron Butterfly

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