Tuesday, October 20, 2009

10/20 Daily Summary

Today was a mixed feeling sort of day.. Early in the morning I didn't see a lot of selling pressure, then mid-morning selling increased.. By end of the day it subsided and we ended up with a mixed day in the indexes. Notice RUT was down 1 st. dev. and MNX was flat.

Position's Details:
10/20 RUT Iron Butterfly
10/20 MNX Iron Butterfly

Price Action & Forecasts:

10/20 RUT Iron Butterfly

RUT is doing great thus far! Once again, I have 1/2 of the position on, and plan on adding the 2nd half by Thursday if nothing happens Tomorrow.

10/20 MNX Iron Butterfly

Added one more contract to the Iron Butterfly Today. I now have 1/2 of the position on. My deadline for being fully loaded is this Thursday.