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Home > Butterfly Spread, Iron Condor, Option Trades, Option Trading Strategy > AUGUST ’09 SPY BUTTERFLY SPREAD – IRON CONDOR CLOSED

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…

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