INDEX 6/8/2008 Update: The 3 filled June Bull Put trades continue to be very safe with only 13 days remaining to expiration. We were able to complete one Iron Condor trade last week when the RUT Bear Call trade was filled. This Iron Condor has a return of 6.4%. Even though the Dow dropped 400 points one day last week the Bull Put trades are still safe with lots of distance remaining. I am researching new trades expiring in July later this week after the market settles down from the bad economic news and record oil and gas prices last week.
I am creating new flash movies this month to illustrate how to select and order credit spread trades using OptionsHouse. These movies will be playable from the members flash movie page. This broker is very popular now and continues to add new features. Their fees are the lowest of all the options brokers and my trades are getting filled quickly when the markets cooperate.
ETF 6/8/2008 Update: The 3 filled June Iron Condor ETF trades continue to be very safe with only 13 days remaining to expiration. Even though the Dow dropped 400 points one day last week the Bull Put trades are still safe with lots of distance remaining. I am researching new ETF trades expiring in July later this week after the market settles down from the bad economic news and record oil and gas prices last week.
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