Saturday, February 20, 2010

[TheOptionClub.com] Results

 

Dear Ricky: thanks for an  original trading idea.  First in your AAPL starting position should the plus and minus signs of the puts be reversed?  Second, the starting position is basically a short fly which makes money in either direction if the underlying moves enough.  Third, do the results take into account the loss on the wing that is not adjusted?  I'll bet the results would have been better if you had closed the wing that's not adjusted, at the time you adjusted the wing that is in the money......Joel

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