Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Friday, January 29, 2010
01/29 Daily Summary
Ok, now the Iron Butterflies are about to give up. The market simply moved way too much for them to handle. I am expecting a pull back on Monday so that some of the volatility increase eases off. Of course, the down-side must be hedged really quickly if that doesn't happen.
All content on this site is provided for informational and entertainment purposes only. It is not intended as advice to buy or sell any securities. Nothing should be considered or construed as personalized investment advice. Stocks are difficult to trade; options are even harder. Please do your own homework and accept full responsibility for any investment decisions you make. Although I may answer your general questions or comments, I am not licensed under securities laws to address your particular investment situation.
ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
No comments:
Post a Comment