My goal is to provide relevant commentary on topics of options investing, risk management and financial planning in a format that is easy to understand and thought provoking.
Sunday, October 28, 2007
Update on Open Trades Expiring In November (16th)
With 20 days remaining to expiration the 2 Bull Put filled trades are way out of the money now and should easily be expiring. The market continues to rise even though oil is approaching $100 per barrel and turmoil exists between Turkey and Iraq. I will be researching Bear Call spreads very carefully next week after the Fed meeting. Their decision on rate changes could have a significant effect on the market and cause it to spike in either direction. I hope the impact has a neutral effect on the NDX and RUT Indexes. I will also research safe SPX Bull Put and Bear call trades. I really want to complete one or two iron Condor trades this month.
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