Hi All,
Included in this video:
The March Bearish Butterfly was closed this morning well over the reduce 21 DTE profit target. The video states the 21 DTE is tomorrow but it is today on TOS. Either way it simply made good sense to shut it down this morning.
The March M3 was adjusted.
Click here to learn more about the Bearish Butterfly strategy!
[…] with this position is that I’ve been in it too long. I noticed John Locke was able to harvest out of his RUT Mar 2012 BB on February 23. (Way to go, John!) Instead of my $60 wing width, John was using a $50 wing, which in this […]