Tuesday, December 27, 2011

12/23 Weekly Summary

This past week was very good for the NDX Iron butterfly, I was able to get out of the position at my profit goal by end of day on Monday the 19th. Considering I started the trade on the 14th, that's super fast!

On the flip-side, the IBM tripple calendar took a hit when IBM hit 180 on the 21st, the position is underwater and close to its stop loss, I'm monitoring and if need be will shut it down.

As for this week, no new trade to enter. We are moving from California to South Florida next week, so as you can imagine, there are quite a few things for us to do. For now just keeping a close eye on the IBM calendar.

Cheers and Happy New Year!