Option Trading
Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Friday, June 5, 2009
06/05 RUT 50-Day Condor - CLOSED
I've tried to hedge in order to have a more orderly exit, the trade bit the dust Today and there was nothing else I could do for it.
In addition to the gap up, when I hedged I overpaid (figured it would happen) for the long call and ended up losing over the max loss.
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