Sunday, March 2, 2008

Update on Open Trades Expiring In March (21st)

With 3 completed Iron Trades filled already this month I want to complete the SPX Iron Condor next week. The SPX Bull Put trade, I am ordering and posting to the Members page this weekend, has an 85% probability of expiring worthless in 19 days. When filled this SPX Iron Condor trade will return 6.4%. The high volatility of the indexes has caused the option premiums to rise to levels I have not experienced in a long time. This is why our completed Iron Condor trades have such high returns. Whenever we can realize a return higher than 5% we are having an exceptional month.

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