Hi All,
I’m doing a good job at making things hard myself with the Oct m3 trade this month. Maybe I’m subconsciously bored with the range were in and looking for some entertainment. Well, it’s not ALL my fault. I have had orders in for the last 3 trading sessions to take me out of this trade at my initial profit target, but alas, even though mid prices where well in my favor at times, I was unable to get out. Since I was unable to get out, I took the approach, if you can’t beat ’em, join ’em and added back into the Oct M3. I purchased a 590/640/590 put butterfly just prior to the move up, of course. At this point, my t+0 is showing that I’m still up over my $500 target, even though I will obviously not get filled at that price. My plan is to get up $600 or so and see if that is enough to get me out over $500. The current position is below:
All other trades are unchanged.
The Oct 55 day trade is up $900 plus, the Nov 55 is down $240 and the Nov M3 is at break even.
That’s all for now, make it an awesome week!
Leave a Reply
You must be logged in to post a comment.