July IC Trades Expired Worthless on 7/17/2009

Our open July Iron Condor Trades expired last week earning 3.3% and 8.1%. On top of the 5% to 8% returns we earned with our June and May RUT Iron Trades we have a very high return for 3 months that will rival anyone's 12 month return for all of 2009.

New Iron Condor Trades Expiring in July

Our new Iron Condor trades were filled quickly on Monday June 22nd when the market dropped. I expect the market to keep going up and down for the next 4 weeks. Many companies will start reporting their 2nd qtr earnings. Some earnings will be good and some bad and some will be big surprises. This will cause the markets to see saw up and down.