12/4/07
Initiated a butterfly DEC IWM
75/77/79 (2/4/2) ratio (2) contracts
debit .38
12/19/07
sold (1) of the butterflys for .63 credit
Planning on closing the remaining butterfly tomorrow if the market is up. Will hold till expiration if needed, not worried about the .38 debit of risk...
(screenshot shows remaining postion)
12/20/07
sold (1) remaining butterfly for .80 credit
.71 average of both butterfly sales, purchased for .38 = .33 profit or 86% (ror)
1 comment:
Thank you for linking OptionPundit to your blog. I very much appreciate the kind gesture.
I look forward to reading your posts and trades as well,
Profitable trading, OP
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