Hoisting a second red ball.
sorry that is all for today - no adjustments made to the butterfly - I need a long work out in the gym to get over this.
Successful Option Trader (for own account); interested in associating with a professional group of traders, trading for a fund or OPM.
Mate,
what does the "Red Ball" mean? I haven't come across that one before!...
Peter.
Posted by: Peter | September 18, 2008 at 11:38 PM
I trade market neutral trades also but not in this market. I believe its best to take a directional view (yes i know neutral is a directional view)by going long or short or otherwise just staying out the market (probbably the best option).
Another point - be careful adjusting a neutral trade and increaing your risk.
Good luck
Posted by: optiontraderman | September 19, 2008 at 08:03 AM