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, February 17, 2008
Update on Open Trades Expiring In March (21st)
With the markets projected to be down next week we are only trading Bear Call trades to be safe. If we can get these trades all filled, and the markets starts dropping, these trades will be very safe. The next step will be to open Bull Put trades in the next 2 weeks to double our return. When the markets return to a more neutral trading pattern we will be able to open all 4 legs of an Iron Condor trade like we did the majority of months in 2007 and 2006.
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