Thursday, August 13, 2009

08/13 Daily Summary

Nothing major Today. I entered a new MNX Iron Butterfly for SEP/09 contracts, this is the first time I have an overlap between the two months. I've been out sooner, but this time the AUG/09 trade is making me work for the money.

The IBM Calendar is doing fine, and I plan on exiting another portion of it Tomorrow.

Detailed Positions:
08/13 MNX Iron Butterfly - SEP *New*
08/13 IBM Calendar
08/13 MNX Iron Butterfly
at

5 comments:

  1. GeneAugust 14, 2009 at 3:39 AM

    Hi Gustavo,

    Just found your posts and I think they are fantastic. Will start from the beginning and learn. Big fan of D. Sheridan.

    ReplyDelete
  2. Gustavo's TradesAugust 14, 2009 at 3:52 AM

    Thank you! I hope you find value and I welcome your comments/feedback, etc.

    Cheers and Success!
    Gustavo

    ReplyDelete
  3. GeneAugust 14, 2009 at 8:42 AM

    I asked this on a different post...

    what software do you have the volatility cone from in your pictures?

    and what is your p/l based on when you make many adjustments and take on or reduce margin requirements?

    ReplyDelete
  4. GeneAugust 14, 2009 at 9:12 AM

    never mind about the volatility cone. I found it on your blog.

    ReplyDelete
  5. Gustavo's TradesAugust 14, 2009 at 10:45 AM

    The answer about P&L and Margin is there.

    http://gustavotrades.blogspot.com/2009/08/0812-mnx-iron-butterfly.html

    Gustavo

    ReplyDelete