Close: NTRI Nutrisystem Short Straddle -36%

You can view the opening trade here.

This straddle didn't work out. Mojo made an awesome video explaining what when wrong and what adjustments he made to it on Insanemoney.com

The exiting order cost me -8.83 so on my credit of 6.47 I lost 2.36 or 36%. Fortunately I only did 1 contract because this was a new technique.

MdrNate

This entry was written by Mr Nate and posted on Thursday, February 21, 2008 and filed under Bookmark the permalink . Follow any comments here with the RSS feed for this post . Post a comment ( in a new window )  

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American Market Watch

About Me

Mr Nate
27 year old real estate investor. I'm a veteran house flipper with over 200 deals flipped, wholesaled, assigned or otherwise acquired. I've been a long time friend and student of Mojo (www.insanemoney.com) and am following his blog and teachings about stocks. This will serve primarily as my trade journal and I'll also be adding video tutorials and helpful information for other stock traders.
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