Hi All, Here are the pictures of the trades I adjusted yesterday. April 55: April m15: Happy Trading!
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April 5, 2011 Trade Update
Hi All, RUT made an all time intraday high today. Who would have thought we’d be trading 860 RUT butterflies so soon? I made an adjustment to the 55 day trade today. I rolled the 820 put butterfly to 850. I now have positions at 840, 850, and 860. I also adjusted the April m15. […]
"I have failed over and over again in my life. And that's precisely why I succeed." — Michael Jordan, basketball player
“I have failed over and over again in my life. And that’s precisely why I succeed.” — Michael Jordan, basketball player I’m constantly speaking with people who avoid reaching for their dreams because they’re afraid to fail. When I tell them “You will fail but do it anyway”, they tend to look at me a […]
April 4, 2011 Trade Update
Hi All, The April 55 day trade got adjusted on Friday. I rolled the 800/850/900 call butterfly to a 810/860/910 call butterfly. The position is doing well but has been unable gain any profit in the last few weeks with the constant up moves and adjustments. Currently the position is up about $1800. I’m ready […]
March 31, 2011 Trade Update
Hi All, I made a minor adjustment on the April 55 day trade today. I rolled one of the 840 call butterflies to an 850 call butterfly. Position is below: All other positions remain unchanged. John
March 30, 2011 Trade Update
Hi All, Very bullish action in the markets today. RUT is about 15 points from its all time high! I’m looking for RUT to touch that level sometime in April…. We’ll see. I adjusted the April 55 day trade this morning. I rolled the 800 put butterfly to a 790/840/890 call butterfly. Currently the position […]