Sunday, September 9, 2007

Update on Open Trades Expiring In September (20th)

With just 11 days remaining to expiration all filled trades are out of the money. The 50 point NDX Iron Condor trade is very safe with short options 358 and 217 points away from the current index value. I will continue to have a monthly 50 point NDX Iron Condor trade for those subscribers desiring a very safe and conservation trade with 200-300 point distances. The markets continue to be very volatile making my credit trading strategy very challenging so I must be extra conservative in choosing Bull Put and Bear Call options spreads to trade.

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