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.

February Trades - Update 2/14/09

It looks like we are starting the new year with two successful trading months. I am very excited that we have a filled Iron Condor trade that should easily expire next week on the 20th. The markets no longer have wild trading days of 500-700 point swings. Although the markets are trending down this month our bull put trade is very safe. A small slow steady decrease over a week or two will not cause our conservative bull put trades to be risk. Next weekend after Friday's expiration I will email and post to the members page a new trade expiring in March. If the markets continue to behave like they have been in 2009 we should have many more conservative Iron Condor trades that expiring in the months ahead.

February Trades - Update 2/2/09

Our January Bear Call trade expired worthless earning 3.1%.

With only 10 days remaining to expiration our RUT and IWM Iron Condor open trades remain very safe. We are going to have a very respectable 6.4% and 11.1% returns this month. The markets are finally trading in a neutral pattern this month. This is a perfect pattern for credit spread trading.

Iron Condor Trade Should be Completed Next Week

We have new orders for Bear Call trades this weekend. When these trades are filled we will complete our RUT Index and IWM ETF Iron Condor trades. These trades are returning 6.4% and 11.1%.

It's been many months since we successfully completed an Iron Condor trade. One big advantage of an Iron Condor Credit Spread trade is that option brokers only require margin for one side of the trade. This allows you to earn some very high rates of returns over a 30 day period.

February Trade Filled

On the new President's first day in office the market rose more than 200 points. The markets are going to have lots of good news over the next 3 weeks so I feel very confident in trading the Bull side of the market this month. If the market retracts with 2 weeks remaining I will look for a safe RUT Bear Call trade in order to complete an Iron Condor.