Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Wednesday, February 10, 2010
Title: 02/09 MNX Iron Butterfly
Not much left on the position to recover, the biggest drawback was not having enough theta, as I got stopped out of most of my Put spreads towards the last week, that didn’t help. Time to condorize it and navigate the last days of the position.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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