Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Wednesday, February 3, 2010
02/03 MNX Iron Butterfly
Similarly to the NDX, I didn't touch the trade, one because I didn't have time at end of day, two because I was not fully convinced on the up-side move. I have contingent orders in place to cut some of the Puts loose if need be.
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!
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