Thursday, December 17, 2009

12/17 Daily Summary

After Today's drop, the MNX butterfly is looking like it might trigger its first adjustment, on the positive note, the trade is almost at 10% in just under 10 trading sessions! The RUT Iron Condor is doing good, so far the 5-Day price action chart for both MNX and RUT are looking very good, no storm in the horizon.

Position's Summary:
12/17 MNX Iron Butterfly
12/17 RUT Iron Condor

12/17 MNX Iron Butterfly

12/17 RUT Iron Condor

Wednesday, December 16, 2009

12/16 Daily Summary

Another day without any major movement, RUT is going up with a lot of resistance while MNX is pretty much going sideways after fading Today's upside movement. There is always some sort of left over movement after the FED's announcement, so let's see what Tomorrow brings.

Position's Details:
12/16 MNX Iron Butterfly
12/16 RUT Iron Condor

12/16 MNX Iron Butterfly

12/16 RUT Iron Condor

Tuesday, December 15, 2009

12/15 Daily Summary

Continue to monitor the price action charts for the RUT condor, no need to do anything. Have updated contingent orders for both RUT and MNX trades.