Decided not to finish the iron condor trade as the market rallied nicely after the elections. The only trade I could enter to finish off the iron condor would be doing a 125/126 Bear call spread, but I don't want to risk it. The 124/125 Spy level should be the next resistance level and if the market rallies up to that level it would leave me with a tough decision over the next 10 days.
My 109/110 Bull put spread should safely expire next week and I'm ok with the results for this month considering there was an election.
No comments:
Post a Comment