Sunday, April 11, 2010

04/09 NDX Iron Butterfly

Here is what I have left on the trade:
1x APR 2025 call
1x APR 2000/2025 call credit spread
2x APR 1900/1825 put credit spread

I closed one of the 2000/2025 call vertical spreads, it got me to a relatively flat profile that I felt ok with. I honestly didn’t anticipate we would keep moving higher past the 1990 zone. Will see how it looks like on Monday.

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