Traders were in a buying mood today!
I adjusted all the December trades today. The January trade remains the same.
On both the December 55 and method 15 trades I sold all of the 740 butterflies and bought 700/750/800 butterflies. Each position now has 2 – 660/710/760 put butterflies and 2- 700/750/800 call butterflies.
On the Method 1 trade, I closed the position, bought back the 710 iron butterfly and then tripled the position at 730 by selling 3 -710/730/730/750 iron butterflies.
I’ll get some pictures out if there are no adjustments tomorrow.
Leave a Reply
You must be logged in to post a comment.