Sunday, September 2, 2007

Update on Open Trades Expiring In September (20th)

With 20 days remaining to expiration all filled trades are out of the money. Our Bull Put trades are getting safer each week. I have never had short options over 300 points away with only 20 days remaining.

Those subscribers who have the 2000/2025 NDX Bear Call trade open will have to close and roll this trade to a new trade expiring in October. A new Trade Alert will be emailed this weekend detailing this adjusting trade. We will have to keep rolling this trade until it expires.

I am still researching RUT and SPX Bear Call spreads but the current market volatility makes these Call trades risky. This is another challenging month so I want to insure all trades are safe.

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