July 9, 2012 Trade Update

Hi All,

I added 4 – 790/800 call verticals to the July M3 to deal with excessive Delta.

I also pulled out of the July Bearish Butterfly today. I was at the beach most of the day 🙂  so I’ll get you the profit numbers on that when I calculate them. Looks roughly around $400 which is below our low target but I did not like the feeling of the market so I took it and ran.

I’ll keep you updated with any changes,

John