Iron Butterflies

Closed a few of these at a profit as long wing strikes were tested during the recent volatility. Some of these were only open for a couple of days.

Structure: Iron Fly
Open Date 19-Oct-26
Security SPX
Expiry Date 09-Nov-26
Strikes 7525/7725/7925
Open Credit 131.3
Close Date 26-Oct-26
Close Debit 122.0
Profit / (Loss) 9.3
Profit / (Loss) % on VaR 13.5%

Structure: Iron Fly
Open Date 26-Oct-26
Security SPX
Expiry Date 16-Nov-26
Strikes 7510/7720/7930
Open Credit 138.3
Close Date 30-Oct-26
Close Debit 127.5
Profit / (Loss) 10.8
Profit / (Loss) % on VaR 15.0%

Structure: Iron Fly
Open Date 27-Oct-26
Security SPX
Expiry Date 18-Nov-26
Strikes 7560/7770/7980
Open Credit 138.0
Close Date 29-Oct-26
Close Debit 128.0
Profit / (Loss) 10.0
Profit / (Loss) % on VaR 13.9%