Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, November 5, 2009
11/04 NDX Iron Butterfly - Paper
The position is doing good, I've started to consider doing a strangle and buy back one of the short PUT and CALL contracts, that would flatten the trade up but still provide theta to keep on making money through the cycle.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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