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.
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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