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 […]
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October 14, 2010 Trade Update
Hi All, I finally rolled up the November position today and increased the position size by 1/2. I am currently at 640/690/740 with 3 put butterflies. The position is down about $700 but is looking fine. Position is below: That’s it for now, Happy Trading!
October 5, 2010 Trade Update
Hi All, All October trades were exited this AM. I got pics of the positions upon exit. The October 55 day trade took a small loss of $177 after commissions and the position at time of exit is shown below: The October method 1 trade took a small loss also of $64.00 after commissions and […]
Sept 30, 2010 Trade Update
Hi All, Just a quick note to let you know I adjusted two positions today. On the October 55 day trade, I sold the three 580/630/680 butterflies and I sold all three 630/680/730 butterflies and bought two 610/660/710 butterflies and two 640/690/740 butterflies. The position is currently in the center of the graph and down […]
Sept 28, 2010 Trade Update
Hi All, I entered the November 55 day trade today, bought 2X 600/650/700 put butterflies for 11.65. It is more than I wanted to pay but that is the way it goes sometimes. The market action has not been good to us lately with the up move and now it is just hanging here. This […]
September 24, 2010 Trade Update (premarket)
Hi All, Yesterday morning the market gapped down and then staged a rally in the morning. When the market was up yesterday and it looked as if the market was going to continue to rally, I decided to reposition and add to the October 55 day trade and to add to the October method 15 […]