Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, January 28, 2010
01/28 MNX Iron Butterfly
Just like the NDX, this position held its deltas under control as the market took a deep dive beyond last Friday's lows.. now it is a matter of staying in the game and responding to the situation by adjusting and increasing theta once again.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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