Sunday, February 28, 2010

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.

Sunday, February 21, 2010

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.