Tuesday, 12 May 2009
Suddenly....... Nothing Happened
Just as I predicted except not- market has just whiffled around showing utter indiference to my position. Expiry week has no premium left in it so looking at June premium- and this is a 5 week month- do not be fooled by fab premiums- this is a 5 week expiry cycle. I'll be looking for combo's and consider the market too horrible for iron condors as they need to be ±5% of index to make any sense and recent monthly moves would seem to exceed that.
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