Thursday, January 20, 2011

1/20 Daily Summary

Today it hit my contingent order at 2370, the interesting thing is that it didn't get filled until 20 minutes after the level was hit, obviously it only filled as the market backed off. I wonder if this is due to the fact I'm using round numbers for my orders. When the index reach these levels the activity probably increases and the contingent order sits there.. I had an OCO, so if it continued to trade lower I imagine it would get filled, but this is something to watch as it is not the first time I notice these are not filling as they used to in the past.

In any event, the position is just about the same as it was Yesterday, except that now I have an extra put. I'm holding on from adding the two extra butterflies Tomorrow, will evaluate the possibilities a little bit more Tonight, but for now my plan is to stay steady with the current position.