AUGUST ‘09 RUT BUTTERFLY SPREAD - IRON CONDOR CLOSED
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<< JULY '09 SPY BUTTERFLY SPREAD - IRON CONDOR CLOSED AUGUST '09 SPY BUTTERFLY SPREAD - IRON CONDOR CLOSED >>Below find risk graphs from our Aug. 09 RUT Butterfly Spread Trade…
8-10-09 (above)
Risk graph above shows position after numerous adjustments and heading into final week before expiration…
8-12-09 (above)
Closed this RUT Butterfly with small profit - letting the contracts in graph directly above expire worthless. The move in the market this month gave us a run for our money and happy to get out with the little we wound up with.
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