09/25 Daily Update

I had an oversigh error on the MNX position, forgot to sell a Long NOV Call I have in the inventory, no big deal, can be taken care Monday. Other than that, I'm looking to sit back and relax over the weekend, the positions are in decent shape and contingent orders already in place for Monday!

Position's Details:
09/25 RUT Iron Butterfly
09/25 MNX Iron Butterfly

09/25 RUT Iron Butterfly

P&L on the trade is lagging behind if compared to MNX, if looking at the position by itself, it has been climbing up in a steady pace. We finished the day with a lot of theta so at this point all we need is a few days of market indecision.

09/25 MNX Iron Butterfly

Ooops, I didn't notice I had a long NOV Call and didn't dumpt it at the end of day Today.. I have a contingent order to sell it Monday Morning if we tick down to 169. Even with that mistake, the position is working its way up in the P&L ladder. Contingent orders in place and ready to roll on Monday.

By the end of day Today, I didn't want to buy long PUTs (granted, I didn't notice I had a NOV Call to sell), so my down-side adjustment comes in closer than 1 st. deviation. I didn't want to be preemptive.