Wednesday, October 7, 2009

10/07 Daily Summary

I'd like to thank the market for this consolidation day. As an option trader, any day we don't move, specially at this time in the OCT contracts cycle, is a great day! Today's price action helped me recover $ on the RUT and added some money to MNX, my goal is to control gamma risk from this point forward, even if it means giving up theta.


Position's Details:
10/07 RUT Iron Butterfly
10/07 MNX Iron Butterfly

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