Monday, April 12, 2010

04/12 NDX Fast Iron Butterfly (from 03/15)

Here is the inventory of what I have left on this position:
-2 APR 1900/1800 put credit spread
-1 APR 2025/2050 Call credit spread
I had contingent orders to flatten the trade out if I was dead wrong on my morning assessment. Didn’t do anything on the trade, I don’t want to keep on holding this “hot potato” through expiration week, so will consider pulling the plug Tomorrow.

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