I finally got sick of fighting the market and closed the December M3 today. I made a $666 profit, after commissions, on what looks like a $6171 maximum investment which makes for a 10.8% return on invested capital. On to January!
The January M3 was not adjusted today but will be adjusted tomorrow unless something drastic to the downside happens. The position is showing down a whopping $35 after hours.
The January bearish butterfly was over its add point today and therefore was added to. I bought 2 – 670/720/770 butterflies and the position is down about $600 and is shown below:
That’s all for today, happy trading!