Update on Open Trades Expiring In September (19th)

Our replacement NDX Bear Call trade filled this week so now we have a completed NDX Iron Condor trade filled earning 7.3%. These markets are still volatile and very sensitive to news and oil prices but moves in both directions so the net effect is neutral. A neutral effect is perfect for credit spread and Iron Condor trading. Our hedge trade has not changed in value this week but is in place to grow in value in case the market crashes. If the market does not crash but drops 3% or more in September we might be able to sell this Put option the week of expiration to break even or earn a profit.