I was able to pull out an early full profit target win (or darn close to it after commissions) for the August Bearish Butterfly!
I closed the August Bearish Butterfly this AM for a profit of $1,465 after commissions (I got beat up a little exiting one of the butterflies) which is ever so slightly under profit target.
This comes out to a 30.8% return of the actual capital (4755) in the trade OR 29.3% return on our planned capital of $5000. I’ll take it! I will be entering Sept on Friday and will update you on the entry over the weekend.
The M3 remains unchanged, I will keep you posted with any changes.
Click here to learn more about the Bearish Butterfly strategy!
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