Today's price action brought my positions down a bit, total portfolio value is down -5%, not a big deal, considering I still have money to deploy next week (IBM Calendar). For now, I plan on enjoying the weekend, getting some rest and coming back ready next week!
Position's Details:
08/21 RUT Iron Butterfly
08/21 MNX Iron Butterfly
Cheers!
Gustavo
Friday, August 21, 2009
08/21 RUT Iron Butterfly
RUT made its trip to the edge of the expiration graph. I decided not to jump the gun and open a new butterfly just yet. My plan is to do so if we continue moving up and get to 490 next week.
08/21 MNX Iron Butterfly
The good news is, we're back in the center. The bad news? Over-adjusting on the down-side cost me some money fixing things up. On the bright side, I had the foresight to start leveling things up since Yesterday, otherwise we'd be down twice as much Today. The trade only need a few quiet days to recover, let's see what next week brings.
See Yesterday's:
08/20 MNX Iron Butterfly
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