Our April RUT Iron Condor trade expired worthless on 4/17/2009. This trade earned 4.1 % for just the 13 days the trade was open.
Our new Iron Condor for May will return 8.1% when filled this week. The markets have finally returned to a more neutral trading pattern making credit spread trading less risky.
Sunday, April 19, 2009
Sunday, April 5, 2009
New Iron Condor Trades Expiring in April
Our new trades expires in just 13 days. The market continues to move widely up and down each week making it challenging to trade safely. I waited until there was only 2 weeks remaining to expiration to process a new trade. There is less time for the market to compromise our short options.
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