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.

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.

New Iron Condor Trades Expiring in May

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.

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.

March Trades on Hold

If you have not ordered this Iron Condor trade or Bull Put trade please hold off due to the continuing market sell off today. This market could be headed to 5,000 and less over the next few months. I will send a replacement trade later this week.

New Iron Condor Trades Expiring in March

We are starting the new year with two successful trading months. I am very excited that our filled Iron Condor trades expire on Feb 20th. The return on these trades was 6.4% and 11.1%.

We have a new 5.3% and 11.1 RUT and IWM Iron Condor trade expiring in March. These trades should be filled this week. With just 19 days remaining to expiration this is an excellent return for just 3 weeks.

February Trades - Expired Worthless 2/20/09

All trades expired worthless this week. We have started off 2009 with 2 winning months i a row. Our February RUT and IWM Iron Condor trades earned 6.4% and 11.1%. With the markets sinking again I will be trading the Call side of the market in March.