JULY ’09 SPY BUTTERFLY SPREAD – IRON CONDOR CLOSED
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<< JULY '09 RUT BUTTERFLY SPREAD - IRON CONDOR CLOSED AUGUST '09 RUT BUTTERFLY SPREAD - IRON CONDOR CLOSED >>Below are some risk graphs from our July 09 SPY Butterfly Spread Trade.
Risk Graph directly above is of trade right before closing.
This Risk Graph (directly above) is of trade shortly after initiating the position.
The current market climate has been perfect for trading these butterfly spread trades – and even though we have had to adjust, it has been minimal and actually even enjoyable. Much different way of trading butterflies compared to late last year.
