Monday, October 17, 2011

10/17 Daily Summary

Just a brief posting to update everyone on the current positions I have on, as you can see I have 3 cash-secured puts and they are working ok thus far. I'm also posting the daily summary view for volatility spikes on the NDX.

In preparation for 2012 I have been looking at possibly trading a straight-forward iron butterfly strategy with fewer (if any) adjustments. The key is to have a good feeling for how the market is behaving in the weeks prior to entering the trade. I will post a study report I'm working on once it is complete to give everyone a perspective on what I'm talking about.