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.