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, September 28, 2008
Update on October Open Trades Expiring in 17 days
The markets continue to be very volatile and challenging to trade. This month we have been trading a solar company stock that is very Bullish due to favorable legislation passed earlier this month. These Bull Put trades are retuning 8% to 9%. Next week we will complete an Iron Condor returning 15%. I rarely trade stocks but this month an excellent trading opportunity occurred that was hard to pass on. At least we are making a positive return while the market decides what direction to take. This financial crisis and how the US plans to stop the failure of more firms is keeping investors on edge.
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