Saturday, May 30, 2009

MAY MNX 45-Day Condor (Day-by-Day Review)

I wanted to get some diversification, and entered this trade one week after the RUT 50-Day condor. In the end, the results were very much similar, so I'm not so sure the diversification worked in this scenario.

Started the Trade 03/30/09
Finished the Trade 04/30/09
Duration: About 1 month
ROI: -18.2%


03/31/09

04/01/09

04/02/09

04/03/09

04/04/09 ("This was a rough week to start any trade...")

04/06/09

04/07/09

04/08/09

04/09/09

04/11/09 ("The trade is taking a lot of heat on the up-side...")

04/13/09

04/15/09

04/16/09

04/23/09

04/24/09 ("MNX has been pushing higher just about every day this week ...")

04/27/09

04/28/09

04/29/09 ("This position is taking just about the same ammount of up-side pressure as the RUT condor, yet the P&L seems to be in much better shape.")

04/30/09 (CLOSED, reached max loss)

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