Iron Butterflies
Update on these is relatively uneventful. One trade closed in profit and two more opened. Others already shared here remain open. nb I use Futures and underlying index in different accounts.
Structure: Iron Fly
Open Date 30-Sep-26
Security RTY
Expiry Date 23-Oct-26
Strikes 2725/2825/2925
Open Credit 69.5
Close Date 07-Oct-26
Close Debit 63.5
Profit / (Loss) 6.0
Profit / (Loss) % on VaR 19.7%
Structure: Iron Fly
Open Date 19-Oct-26
Security SPX
Expiry Date 09-Nov-26
Strikes 7525/7725/7925
Open Credit 131.3
Structure: Iron Fly
Open Date 21-Oct-26
Security ES
Expiry Date 11-Nov-26
Strikes 7575/7775/7975
Open Credit 132.0