Hi All,
I entered the July M3 yesterday afternoon. I bought 680/730/780 put butterflies with 68 IWM calls at a 1 to 1 ratio putting me slightly positive Delta which was good yesterday, not as good today, but either way we will roll with it!
This month I’ll be monitoring a 6 lot (6 butterflies with 6 calls) for a little variety.
Today will be an interesting day and the close should give us a good idea of market direction for next week.
Have a great weekend!
John
Leave a Reply
You must be logged in to post a comment.