Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, November 12, 2009
11/11 Daily Summary
Had a couple of quiet days, but both positions are still in danger.. Not much of a recovery even though this is the final week prior to expiration. This is because they have too many longs DEC Calls to control their deltas, and that kills the theta.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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