Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, December 28, 2009
12/28 MNX Iron Butterfly
We pushed slightly higher Today, I had contingent orders to roll the vertical spreads if we hit 188.50, didn't get hit, will leave the same orders in place for Tomorrow. There is still time left in the trade, if we move higher I'll add another butterfly at the top.
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!
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