Strangles are requiring some patience

Posted by TheNightTrader on Monday, November 10, 2008 at 10:45 PM

I haven't made a regular post in a while, but it's not just because I've been slacking off. For one thing I haven't made any trades since my last post. The markets have been pretty indecisive the last month, and my strangles are feeling it. I still have over a month of time left on the nearest expiration (have to bail on the play 1 month before the actual expiration), so I've still got some time. I've come close to a profit on most of them, but about that time the markets reversed and my strangles got dragged with them :-/.

It hasn't been all bad though as my wife is 9 weeks pregnant with our first child, and it's been pretty rough the last few weeks. Not having a lot of activity in my trades has given me more time to spend with her and help her out some. She's trying to finish her last semester of college including a part in the last musical of her college career.

I've also been taking some time to do more research on blogging so I can be better equipped to make this blog fun and helpful for all of you. I am going to stop doing a post every day so I'm not flooding all your inboxes and feed readers :-). I will still post if there is big news to share, but otherwise I am going to try just doing updates on Tuesday and Thursday. If I make trades in between I still want you all to know, so I will move those updates to my new Twitter account. If you want the updates you can subscribe to my twitter feed, or just check the feed in my sidebar.

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