Wednesday, March 17, 2010

03/17 NDX Iron Butterfly

Hit the contingent order to smooth out the deltas, the position is showing a little bit of profit despite having added the long call. I think it has to do with the fact this long call is not a lot of deltas, so when the market retraced I didn’t throw away a lot of money. Nothing to do unless we get to mid-way between short and break-even.

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