Butterfly morphing from long spread-a discretionary approach Looking at a put butterfly for Jan 20th expiry, we have the following…
Never/Always Add to a Losing Trade Previously this trade had been entered for 181.5, we could then have bought more…
It’s a long straddle: The above calculation shows the 7000 call and put and while…
From Flat to 12.5 in 5 Minutes Please excuse the graphic. This screenshot was taken after the open this…
Is this Rally for Real? The cynic in me says that this rally is ‘froth’. Yes the £ has dropped,…
Update- Profit We took in a credit of 280 and now this trade can be closed for 226(105 for the call…