Sunday, May 17, 2009

April and May Iron Condor Trades Expired Worthless

We have a very good 2 month trend with our RUT and IWM Iron Condor trades expiring worthless earning 4.2% and 8.1% in April and 8.1% and 8.7% in May. Our June RUT and IWM Iron Condor trades should continue this trend earning 7.5% and 9.3%. The markets are rising and falling each week but not changing much from month to month.

The RUT Index changed only 4 points during the May (479 to 475) option expiration cycle. The IWM Index did not change at all in May. This makes for a perfect market for trading Iron Condors.