All new trades and one roll trade expired worthless on Friday the 20th. I am very excited that our first 50 point NDX Iron Condor Trade expired worthless. This was a very safe and conservative trade requested by many subscribers who wanted very long distances between the short options and the index value. Of the 3 September roll trades we had to roll the SPX and NDX trades again to new NDX Bull Put trades expiring in October. These new roll trades are certain to expire worthless on Friday October 19th because the NDX 100 Index should achieve new highs for the year after all the 3d quarter earnings are reported from these tech companies. I really hope the market settles down now that the Fed has started lowing interest rates.
New trades expiring in October will be emailed on later today and on Sunday 9/23/07.
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