With 22 days remaining to expiration the filled NDX and RUT Bull Put trades are very safe with distances of 307, 207 and 81 points from the closing index values last Friday. Click on any of the Trade Alert Dates (first column) to display the actual trade.
I have also posted 2 new trades this weekend. The NDX Bear Call completes our first Iron Condor for this expiration period. With both sides of the NDX IC trade filled the return is 5.3%. The SPX Bull Put trade is the first side of a SPX Iron Condor trade I want to complete later next week. My goal this month is to complete at least 2 Iron Condor trades.
The markets should trade normally in January unless events in Pakistan get worse. The Fed meeting is not until the end of the month and the quarterly and year end earnings reports will start publishing after the 18th. This should be a very good month for Iron Condor trading.
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