News Focus
News Focus
Followers 22
Posts 3641
Boards Moderated 4
Alias Born 09/21/2009

Re: Fossil-Fuel post# 2643

Wednesday, 09/05/2012 11:47:47 AM

Wednesday, September 05, 2012 11:47:47 AM

Post# of 2846


Here is a PnL on your position. you have more risk on the upside, but have hedged the risk on too aggressive of a move on the upside.

Not sure you want to be in this position. The risk of the position, even the normal butterfly is an upside move. You have augmented that risk.

You may want to close the spread and try the to get the 131-136-141, even if you have to take a loss on it.

jmo.



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

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today