05/05 EWZ Double Diagonal

Still on the drade, despite EWZ's big up-swing. The position is still bellow the stop loss point even though EWZ has pushed outside 1.5 st. deviation. In all my trades this month, this is the one that took the biggest ammount of abuse and it is still in the table...

Compare and contrast with the OIH 30-Day Condor.

05/05 OIH 30-Day Condor

Ouch!! OIH pushed higher Yesterday and hit my last line of defense on the trade. It pulled back down Today, but ended up moving higher again at the end of the day. At this point I need a pull back, otherwise will need to exit this one as well.

NOTE: Compare this trade with the EWZ Double-Diagonal. Notice how much further EWZ moved in relationship to the volatility cone. That helps explain why I have a real good feeling regarding the Double Diagonal strategy.

05/05 RUT 50-Day Condor

RUT stayed around the center of the cone. The one thing I noticed is how much the Volatility has dropped. That's good for the position. So far, so good.