Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Tuesday, October 27, 2009
10/27 RUT Iron Butterfly
I wasn't planning on doing any adjustments on the RUT trade by end of day Today, however, in the final minutes we pushed lower and I decided to trim off some deltas by using a debit PUT spread.
Now it is a matter of watching the volatility, once it backs off, even by a little bit, the trade will get a lot better!
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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