Thursday, February 4, 2010

02/04 Daily Summary

Today was a major down-day in the markets, we broke the recent lows and this may indicate further selling in the horizon. My Iron Butterflies got the benefit of hedging and did not suffer a lot in terms of P/L, the OEX Iron Condor has the benefit of time working for it, it all depends on how active this Friday will be for the OEX position.

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