Heres an idea for an income trade for Jan, its an iron butterfly. I would want to get out in about 17 to 20 days. I will probably be setting something like tomorrow or Monday. I feel like Monday would be better to set this trade, because it would be more consistent with my trading plan. Being consistent is a very important thing to me, so Monday will most likely be the day, but if not I'll post the trade when I set it.

Nice strategy, and with insurance... you trade it with 15% or 20 % Profit Target???
ReplyDeleteDo you adjust it if neceseary?
Thanks
greg