Download the presentation for this show 362KB (PDF format)
POSITION UPDATE
Date: 12/27/2009
Days to Expiration: 19
Margin = $280
Unrealized Loss = -$60 (-21%)
SPX Price = $1126.48
The low risk butterfly is only down $60 with lots of time left until expiration. If SPX trades below $1117.58, the position will be in the black tomorrow.
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CBOE TV Options Safari discussing a Bearish Buterfly trade on SPX. See the presentation slides and position update. http://j.mp/5NuMR6
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