February Trades - Expired Worthless 2/20/09

All trades expired worthless this week. We have started off 2009 with 2 winning months i a row. Our February RUT and IWM Iron Condor trades earned 6.4% and 11.1%. With the markets sinking again I will be trading the Call side of the market in March.

February Trades - Update 2/14/09

It looks like we are starting the new year with two successful trading months. I am very excited that we have a filled Iron Condor trade that should easily expire next week on the 20th. The markets no longer have wild trading days of 500-700 point swings. Although the markets are trending down this month our bull put trade is very safe. A small slow steady decrease over a week or two will not cause our conservative bull put trades to be risk. Next weekend after Friday's expiration I will email and post to the members page a new trade expiring in March. If the markets continue to behave like they have been in 2009 we should have many more conservative Iron Condor trades that expiring in the months ahead.

February Trades - Update 2/2/09

Our January Bear Call trade expired worthless earning 3.1%.

With only 10 days remaining to expiration our RUT and IWM Iron Condor open trades remain very safe. We are going to have a very respectable 6.4% and 11.1% returns this month. The markets are finally trading in a neutral pattern this month. This is a perfect pattern for credit spread trading.