Monday, March 15, 2010

03/15 OEX Weekly Iron Condor

When OEX was down around the 523 area I entered the weekly condor, as it traded higher at the close it got slightly bellow the 80% probability threshold. I still do not regret entering the trade back when I did, it is now part of my strategy, to enter around 9 AM unless we’re watching the market to rally/fall fast against one of the legs. The reversal was not very clear back then.

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