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Re: Fossil-Fuel post# 2641

Wednesday, 09/05/2012 9:52:15 AM

Wednesday, September 05, 2012 9:52:15 AM

Post# of 2846
A butterfly is a net debit.

Never, never, never enter a market order on any option. Always make it a limit order and try to get a fill close to midpoint.

And...don't play games with the spread. Put it all on at one time, take it all off at one time.

You got the 131-136-141 Oct spread right?

What was your debit per contract?

I will monitor it and let you know what I am doing with it.



Si vis pacem, para bellum — If you want peace, prepare for war.

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