Wednesday, April 7, 2010

04/07 NDX Fast Iron Butterfly (from 03/22)

Here is the inventory of what I have left on this position:
-1 APR 2025/2075 Call credit spread
-1 APR 1900/1825 Put Credit spread
As you can see, instead of closing the trade this morning, I have opted to condorize it. Moved my short contracts out of the money and will ride the position for a few extra days. May just close it Tomorrow, depends on what I see as the market conditions.

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