MAR NDX Iron Butterfly Day-by-day review

The MAR position was fantastic! I got my P/L target really quickly and simply took my money off the table. I know by talking to other Sheridan students that whoever stayed longer got their profits taken away. I’ve been there done that, so am really glad that I’m maturing as a trader and able to walk away with my money! :)

Trade 1: From 02/16/2010 to 02/23/2010 +13.75% ROI
Day by day:

02/17 NDX Iron Butterfly

02/19 NDX Iron Butterfly

02/22 NDX Iron Butterfly

02/23 NDX Iron Butterfly

MAR MNX Iron Butterfly Day-by-day review

The MAR position was fantastic! I got my P/L target really quickly and simply took my money off the table. I know by talking to other Sheridan students that whoever stayed longer got their profits taken away. I’ve been there done that, so am really glad that I’m maturing as a trader and able to walk away with my money! :)

Trade 1: From 02/16/2010 to 02/25/2010 +10.45% ROI
Day by day:

02/25 MNX Iron Butterfly

02/24 MNX Iron Butterfly

02/23 MNX Iron Butterfly

02/22 MNX Iron Butterfly

02/20 MNX Iron Butterfly

02/19 MNX Iron Butterfly

02/17 MNX Iron Butterfly

FEB NDX Fast Butterfly Day-by-day review (3 trades)

In February I started to test this strategy live, it came about as an idea and after I tested it became clear to me I am onto something here. 3 trades, 2 wins, 1 loss. Below are the results:

Trade 1: From 02/08/2010 to 02/09/2010 -8.20% ROI
Day by day:

02/08 NDX Fast Butterfly

Trade 2: From 02/16/2010 to 02/19/2010 +1.67% ROI

02/19 NDX Fast Butterfly

Trade 3: From 02/22/2010 to 02/25/2010 +8.13% ROI

02/22 NDX Fast Butterfly

02/23 NDX Fast Butterfly

02/24 NDX Fast Butterfly

02/25 NDX Fast Butterfly

FEB NDX Iron Butterfly Day-by-day review

This is by far one of the trades I am most happy with! I was able to stay in the game, manage taking a large loss early on, kept my head cool despite some early mistakes, looked for ways to control the position yet regain profits. Stayed on top of it, got some lucky help from the market and as the result was able to dig myself out of the hole and into profitability! Very good, very good indeed (pat myself on the back).

Trade 1: From 01/19/2010 to 02/12/2010 +1.54% ROI
Day by day:

02/12 NDX Iron Butterfly

02/11 NDX Iron Butterfly

02/10 NDX Iron Butterfly

02/08 NDX Iron Butterfly

02/05 NDX Iron Butterfly

02/04 NDX Iron Butterfly

02/03 NDX Iron Butterfly

02/02 NDX Iron Butterfly

02/01 NDX Iron Butterfly

01/29 NDX Iron Butterfly

01/28 NDX Iron Butterfly

01/27 NDX Iron Butterfly

01/26 NDX Iron Butterfly

01/25 NDX Iron Butterfly

01/22 NDX Iron Butterfly

01/21 NDX Iron Butterfly

01/20 NDX Iron Butterfly

01/19 NDX Iron Butterfly

FEB MNX Iron Butterfly Day-by-day review

Took a loss on my FEB MNX position, in retrospect, I think it could be traded slightly better, towards the end of the trade I stopped bringing in theta and became too defensive (too many long back-month calls). The market moved widely against the position and I focused on avoiding further losses (focus on loss, you get loss).

Trade 1: From 01/14/2010 to 02/12/2010 -14.34% ROI
Day by day:

02/12 MNX Iron Butterfly
02/11 MNX Iron Butterfly
02/10 MNX Iron Butterfly
02/08 MNX Iron Butterfly
02/05 MNX Iron Butterfly
02/04 MNX Iron Butterfly
02/03 MNX Iron Butterfly
02/02 MNX Iron Butterfly
02/01 MNX Iron Butterfly
01/29 MNX Iron Butterfly
01/28 MNX Iron Butterfly
01/27 MNX Iron Butterfly
01/26 MNX Iron Butterfly
01/25 MNX Iron Butterfly
01/22 MNX Iron Butterfly
01/21 MNX Iron Butterfly
01/20 MNX Iron Butterfly
01/19 MNX Iron Butterfly
01/15 MNX Iron Butterfly
01/14 MNX Iron Butterfly
01/14 MNX Iron Butterfly

FEB RUT Iron Condor Day-by-day review

My February condor was a loss, after taking that loss I finally made my peace with this strategy, thank you but no thanks, will move on and trade other things. See the performance report posting for details as to why I left this strategy behind.

From 01/14/2010 to 01/22/2010 -13.04% ROI
Day by day:

01/22 RUT Iron Condor

01/21 RUT Iron Condor

01/20 RUT Iron Condor

01/19 RUT Iron Condor

01/15 RUT Iron Condor

01/14 RUT Iron Condor - FEB

FEB OEX Weekly Iron Condors Day-by-day review (4 trades)

In February I was able to trade 4 OEX weekly Iron Condors, 3 wins, 1 loss, bellow are the results:

Trade 1: From 02/01/2010 to 02/05/2010 +7.83% ROI :

02/02 OEX Weekly Iron Condor

02/03 OEX Weekly Iron Condor

02/04 OEX Weekly Iron Condor

02/05 OEX Weekly Iron Condor


Trade 2: From 02/08/2010 to 02/12/2010 +8.09% ROI

02/08 OEX Weekly Iron Condor

02/09 OEX Weekly Iron Condor

02/10 OEX Weekly Iron Condor

02/11 OEX Weekly Iron Condor

02/12 OEX Weekly Iron Condor


Trade 3: From 02/16/2010 to 02/17/2010 -20.98% ROI

02/17 OEX Weekly Iron Condor


Trade 4: From 02/22/2010 to 02/26/2010 +7.83% ROI

02/22 OEX Weekly Iron Condor

02/23 OEX Weekly Iron Condor

02/24 OEX Weekly Iron Condor

02/25 OEX Weekly Iron Condor

02/26 OEX Weekly Iron Condor