Monday, March 29, 2010

03/29 NDX Fast Iron Butterfly (from 03/15)

No major change in P/L on the position Today, there is not much left to be done on this trade, except to wait for time decay to do its thing and, of course, for NDX to take a break. I’ve added the price chart to give some perspective on when I entered the trade and where we are Today, as we can see, it started as a bearish butterfly and only took upside swing, so it has been challenging to say the least.

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