New Bull Put Trades Expiring in Jan 2011 posted to the Members Page

The market is rising again so the call side is too risky. We would have had to close out Bear Call trades a lot these past 4 months if Iron Condor trades were completed. The Bull Put trades are providing a decent monthly return so I am going to start off 2011 is another conservative Bull Put Trade. In 2010 these Bull Put trades generated a 33% annual return. My goal is to repeat this performance in 2011.

New Bull Put Trades Expiring in December 2010 posted to the Members Page

The market is still volatile dropping and rising on international news events. One new stock offering also allowed the markets to recover nicely last week. This time of the year is always fun to trade credit spread Put options because the markets rise in December. So I am continuing the trend with a new RUT Bull Put trade to finish the year.

New Bull Put Trades Expiring in November 2010 posted to the Members Page

The market continues to rise month after month. Our RUT Bull Put trades have now expired worthless 5 months in a row. If we have completed Iron Condor trades our Bear Call trades would have been at risk and closed out early for a loss. By trading just one side we are still averaging a decent monthly return. When most CDs and fixed investments are earning just 3%-5% for a year we are earning 5% to 8% monthly. This translates to a very high annual return.

New BUll Put Trade Shoud Expire this Month

9/7/2010 The markets continue to rise which makes our open trade less risky. With only 10 days left it is now very likely that our RUT and IWM RUT Bull Put trades will expire worthless.

New Trades Expiring in May

Our RUT and IWM Bull Put trades expired last week earning 4.2%. The market rose nearly everyday after these trades was filled in March. If we would have completed Iron Condor trades the Bear Call sides would have been closed early for a loss. Iron Condor trading works when markets are not moving in one direction.

With the market continuing to rise due to better than expected 1st quarter earnings we are going to continue trading on the Bull Put side in May. If this market is headed to 12,000 the call side will continue to be risky. Our new trade will be filled if the markets dip on Monday or Tuesday.

MMarch RUT Iron Condor Trade Rolled

After we had our roll trade filled the RUT index kept rising. If you were not able to get the roll trade processed and filled please send me an email. By rolling the Bear Call side of the Iron Condor trade we prevented the need to close the Bear Call trade for a loss. However we earned a zero return for the month. In April I am only trading the Bull Put side because the markets are continue to rise.

New RUT Iron Condor Trade Expiring in March

We had our RUT Iron Condor trade filled last week. The RUT index moved up and down each trading day last week but ended the week at 628 only 3 points less for the entire week. This is a perfect market for trading Iron Condors and if it continues we will have a very nice 5% return this month.

February Trades Expired March 19th

Fortunately our February IWM and RUT Bull Put trades expired worthless because both of these indexes had final closing prices on the 19th well above our short options and our exit strike prices. After dropping below our exit prices earlier in February the indexes recovered nicely. Many subscribers had their open trades closed automatically. Others who did not close their open trade were lucky this month once the IWM and RUT indexes started rising again. Subscription fees have been issued for this trading cycle.