Tuesday, March 30, 2010

03/30 Daily Summary




Ok, not much to report Today, I added an iron butterfly intra-day to help my 3/22 position, other than that spent most of the day away enjoying our family Spring break.

03/30 NDX Iron Butterfly





Still on waiting mode, as we were trading slightly lower Today it started showing some profits, if we pull back for just a little bit the position will be in great shape. Let’s see what develops.

03/30 NDX Fast Iron Butterfly (from 03/22)



I added an iron butterfly mid-morning Today, got the position leaning bearish as we were trading sideways, we ended up moving higher and closing higher. I still see the candle patterns showing weakness at the top, that was my reason for leaning bearish Today, we’ll see how it develops.

03/30 NDX Fast Iron Butterfly (from 03/15)



NDX pushed higher once again, really close to my stop level, will have to hang in there and see what happens in the next few days.

Monday, March 29, 2010

Daily Summary



Ok, not much to report Today, I spent most of the time away from the computer and enjoying some time with family. Our son is on school break so we took time off to go out and enjoy.. I’m glad the market didn’t decide to go nuts either.. Let’s all relax, shall we? :)

03/29 NDX Iron Butterfly









Not much to be done except to wait for time decay and market retreat. So far, the position is ok, and I still have some moves left to be made if we push higher.

03/29 NDX Fast Iron Butterfly (from 03/22)






I had an order to open the upside iron butterfly Today, but it didn’t get filled. I wasn’t watching the market at the closing, as we took our son out to enjoy his spring break. I will attempt to enter the extra butterfly Tomorrow if it make sense. I’m keeping my powder dry sort of speak.