Loading...Open: Financial Sector ETF (XLF) Double Diagonal
I met Mojo for breakfast this morning and he was telling me about the Double Diagonal and by the end of the meal, I was definitely sold on it.
Here's my entry, a day after the Insanemoney.com trade
BOT +15 DBL DIAG XLF 100 JUN 08/MAR 08 32/20/30/22 CALL/PUT/CALL/PUT @.55, XLF MARK 26.94
So I paid .03 more.
The super sneaky that Mojo was telling me was if you put a calendar in the middle of the double diagonal. Look at his analyze chart, the most profitable places are near the edges like a large "M" so if you put a calendar in the middle.....
Looking forward to seeing how this trade pans out.
Here's my entry, a day after the Insanemoney.com trade
BOT +15 DBL DIAG XLF 100 JUN 08/MAR 08 32/20/30/22 CALL/PUT/CALL/PUT @.55, XLF MARK 26.94
So I paid .03 more.
The super sneaky that Mojo was telling me was if you put a calendar in the middle of the double diagonal. Look at his analyze chart, the most profitable places are near the edges like a large "M" so if you put a calendar in the middle.....
Looking forward to seeing how this trade pans out.
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