I adjusted the October M3 Trade today. I sold 5 770/820/870 butterflies and bought 5 750/800/850 butterflies. Then I sold 5 830/840 call verticals. Currently the position is up about $750.
Yes, I sold them yesterday to cut back down side risk after rolling the butterflies back which did cost me quite a bit today but it needed to be done yesterday so that’s the way it goes :0
JC Hersh says
Sorry, I just remembered you sold them yesterday.
JC Hersh says
John: Did you mean to say you bought the 830/840’s?
admin says
Yes, I sold them yesterday to cut back down side risk after rolling the butterflies back which did cost me quite a bit today but it needed to be done yesterday so that’s the way it goes :0