Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, March 25, 2010
03/25 NDX Fast Iron Butterfly (from 03/15)
Whipsaw Today, got all the way up to my max loss, triggered my hedging and came back in full force. If we keep going down Tomorrow I have contingent order to sell the call back and level the greeks.
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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