MAY ’09 DIA BUTTERFLY SPREAD – IRON CONDOR CLOSED
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DIA OBDB BUTTERFLY SPREAD – Risk Graph above on close of trade – 5/14/09
DIA OBDB BUTTERFLY SPREAD – Risk Graph above on 5/2/09…
DIA OBDB BUTTERFLY SPREAD – Risk Graph above on 4/25/09
We started this Butterfly Spread Trade off as a Double Butterfly. The move up from around 78 to 85 forced an adjustment. We eventually exited in expiration week with a profit.
