Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Tuesday, February 2, 2010
Title: 02/02 MNX Iron Butterfly
I decided not to touch the trade, as I’m not sure this recovery is a reversal. I’ll start dropping PUTs if we keep moving up in the next day or so. Bottom line, I want to slowly and surely start scaling out of the positions.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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