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Author: cnfuzzd Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1203  
Subject: Question on long iron butterfly Date: 4/12/2012 12:29 PM
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Hi All

In order to "feel" what it was like i recently made/entered/bought a spread for KMI, expiring on May 12th with the middle strike of 37.5 and two ends of 35 and 40. Now what do I do?


(I really want to end the post there)


Assuming I maintain profitability, s it better to wait for expiration, should I try to close early to capture some profit, etc?

Assuming I think the stock is moving big in either direction, should I immediately try to close?

fwiw, I started this to have fun, and I am indeed having fun!

Thanks!

John
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