Had a couple of quiet days, but both positions are still in danger.. Not much of a recovery even though this is the final week prior to expiration. This is because they have too many longs DEC Calls to control their deltas, and that kills the theta.
Position's Summary:
11/11 MNX Iron Butterfly
11/11 NDX Iron Butterfly - Paper
Price Action and Vertical Solution chart:
Thursday, November 12, 2009
11/11 MNX Iron Butterfly
11/11 NDX Iron Butterfly - Paper
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