AUGUST ’09 SPY BUTTERFLY SPREAD – IRON CONDOR CLOSED
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<< AUGUST '09 RUT BUTTERFLY SPREAD - IRON CONDOR CLOSED SEPT. '09 RUT BUTTERFLY SPREAD - IRON CONDOR CLOSED >>Below find risk graphs from our Aug SPY Butterfly Spread…

8-3-09 (above)

8-17-09 (above)

8-17-09 (above)

8-19-09 (above)
Due to the quick big move in the market this month, this trade also required a lot of adjusting. We rode this trade longer than we normally do – until the Wed. before expiration. Risk graphs from trade / adjustments above…






