Monday, December 28, 2009

12/28 Daily Summary

Not a whole lot of market action Today, we continue to post higher numbers on the 5-day volatility chart, but the 1 day price spikes are not so strong any longer. Today we had a gap up that got closed intra-day but bulls managed to sustain prices higher.

I did some maintenance on my RUT position early in the morning, and didn't touch the MNX position for one more day, contingent orders are in place, my goal is to work the MNX with contingent orders only.

Position's Details and price action chart:
12/28 RUT Iron Condor
12/28 MNX Iron Butterfly


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