Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Saturday, October 10, 2009
10/09 RUT Iron Butterfly *Closed*
Closed the position on Friday before expiration week. Wasn't confortable with the overall trade and decided against risking it. Had a great phone conversation with Dan Harvey and he pointed out my mistakes in the trade, I documented them in the day by day review.
All content on this site is provided for informational and entertainment purposes only. It is not intended as advice to buy or sell any securities. Nothing should be considered or construed as personalized investment advice. Stocks are difficult to trade; options are even harder. Please do your own homework and accept full responsibility for any investment decisions you make. Although I may answer your general questions or comments, I am not licensed under securities laws to address your particular investment situation.
ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
No comments:
Post a Comment