Thursday, October 1, 2009

10/01 Daily Summary

The market crashed down very hard Today, RUT moved -2.5 standard deviations on my historical volatility charts and MNX moved -3 st. deviations. Both my positions got hit. There is still time and money left in both trades to keep up with the market, as long as we don’t start a major down-trend now, they should be able to get out of it profitable.

I’m not sure I’ll be around Tomorrow during the closing hour, so if we continue moving down early in the day I might have to do the vertical rolls before end of day.

Position's Details:
10/01 RUT Iron Butterfly
10/01 MNX Iron Butterfly

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