Hi All, I finally decided to do something with the November 55 day trade and the November method 15 trade today as it looks like the market might make a run for the 745 level. On November 55 day trade, I added 2 – 690/740/790 call butterflies. The position is currently at about breakeven and […]
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October 25, 2010 Trade Update
Hi All, I entered the December 55 Day butterfly this morning, 2x 640/690/740 put butterfly. Position is below. No other changes have been made. That it for now!
Dec 55 Trade
Hi All, I spaced out and did not enter the December 55 day trade last week. I’m hoping to get in this morning on the anticipated gap and AM volatility, I’ll let you know how it works out.
Quote of the Week
“When you innovate, you’ve got to be prepared for everyone telling you you’re nuts.” — Larry Ellison, entrepreneur
October 21, 2010 Trade Update
Hi All, Here are the pictures I promised. There have been no changes in the positions. The 55 day is up a few hundred dollars, the method 15 is up around $500 and the method one is flat. November 55: Nov m15: Nov m1: I’ll be looking to enter the December 55 over the next […]
October 19, 2010 Trade Update
Hi All. I entered the Nov. method 15 trade this AM. 2-640/690/740 PUT butterflies which puts me right on top of the Nov 55 day trade. I also entered the Nov. method 1 2-690/710/710/730 iron butterflies. The Nov 55 is now only down $215 and will likely be traded similarly to the m15 for the […]