Two weeks ago we put on a Paper Trade for a Sept 750/760/740/730 Tight Iron Condor,and the position ROI is currently up about 9.5% and our Delta was -3.73 at today's close and Theta at 29.34.
This position is working out great as the neutral Delta is weathering price fluctuations and the positive Theta continues to increase our profits as time decay melts away the option premiums.
No adjustments at this time.
Thursday, August 21, 2008
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