As we traded lower I decided to close 1 of the 1950 iron butterflies, this locked some of the profits on that butterfly and took the edge out of the up-side risk by reducing some of the negative delta.
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Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Welcome
- Gustavo's Trades
- Welcome to my trading blog. My goal with this blog is to document my trading, as well as share strategies and methodologies I learned and use.
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DISCLAIMER
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!
ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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- ▼ 2010 (462)
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