Saturday, August 16, 2008

All August Trades Expired Last Weekl

All our Index Bull Put trades expired worthless on Friday the 15th. We earned 4.3% this month on all these trades. So far for all of 2008 (8 months) our total return for all 32 trades is 22.8%. My goal is to finish the year with a total return of 40%. This can be achieved if we earn an average of 4.3% in each of the next 4 months (Sept, Oct, Nov Dec).

Our 2 ETF Iron Condor trades expired worthless on Friday the 15th. I will be refunding all paid subscription fees received during this trading cycle (7/19 to 8/15) next week. We had to close the rollover ETF Bear Call trade for a loss which was not offset by the credits received on the 2 Iron Condor trades.

The weekend I will be emailing and posting to the members page new trades expiring in September.

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