Wednesday, May 20, 2009

Battle Plan


Trading is the most exciting business, I love it. 

The second phase of the plan is fast approaching, 25 days out is almost here. Calendar spreads will be set on Friday, we have a nice three day weekend for some positive theta decay. I will be setting mostly ETF's and my personal favorite $RUT.  Credit spreads are also getting ready to be set, I will be setting short verticals on $RUT, $SPX and maybe some SPY. Credit spreads will start working the first week of June. 

I still have all my double diagonal spreads except the MCD trade. 

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