All Bull Put and Bear Call Spread trades are very safe and should expire worthless in 6 days on December 15th. The short legs of all the open spread trades are an average of 96 points away from the closing prices of the 3 Indexes. Having this much distance with one week remaining is the fun part of this trading strategy. All we do now is relax and wait for the options to expire. Subscribers who filled one of the 2 NDX Bear Call spreads last week will realize a 5.1% return on this NDX Iron Condor.
I am now researching safe Bull Put Spreads trades expiring in January and will be emailing these new trades this weekend or early next week.
Click to view details of these December trades.
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