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.

Last Trades for 2009 Expired Wortless

Our last trades for 2009 expired worthless last week earning a very respectable 7.5% and 8.7%

I am very pleased with our YTD returns for 2009 and want to repeat this performance in 2010. We had 2 losing months that were more than offset with some winning monthly returns in the 8% range. I am also excited that our returns for 2009 was achieved with only 14 trades for the entire year. This means our trading costs were very low and should not be impacting our annual return percentage very much.