Tuesday, April 13, 2010

04/13 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 am over-extending my stay on this trade. I honestly didn’t expect us to move higher this morning, was thinking about exiting it by end of day or early Tomorrow. Now will have to do it Tomorrow AM for sure, gave my best effort to buy some time.

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