Hi All,
On Friday, I sold the 690/740/790 call butterfly and purchased a 680/730/780 call butterfly.
March trades are in the final stretch. I only need Monday and Tuesday to be reasonably flat days and I should be able to get close to profit targets on the March trades. If the market runs hard in either direction, AND I can catch it on time, I should be able to get something out of these.
Below are all the positions as they currently stand. The p/l is a bit of an unknown till the market opens on Monday but I’ll state what the analyze graph says for today (Sunday).
March 55:
This trade is way over capitalized but still within account reserve levels. Current p/l = + $757, profit target + $1500.
March m15:
This trade is within planned capitol and is up $735 with a profit target of $1200.
April 55:
This trade is up $341 but it is still real early. Profit target $1200
That’s is for the trades.
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John
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