Thursday, September 01, 2011

Broken Wing Butterfly (BWB) Plan for Sep 2

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A credit of $15, $12 net of commission.    After hour commission rate is higher. (But I observed better fill.)  Resulted in increase of margin.

Tomorrow, if SPY gaps down below $118, exit all positions immediately, excluding the following calls.  Not likely though.

Except

image , and may be excluding the short of Sep 16 112 put.

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