Sunday, December 31, 2006

Update on January Trades Expiring in 18 Days.

All Bull Put and Bear Call Spread trades are very safe and should expire worthless on January 20th. The short legs of the SPX, NDX and RUT open spread trades still remain 93, 106 / 194 and 67 points away. These are very safe distances. We have one Iron Condor NDX trade completed so far this month. The return on this NDX IC trade is 5.3% which is my goal. I am continuing to research safe Bear Call trades on the SPX and RUT Indexes this coming week. My goal is still to complete Iron Condor trades on the SPX and RUT indexes over the next 2 weeks.

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