ETF Option Trades Advisory Service - ETF Iron Condor Trading

A recent Weekly Update emailed and posted to the Members Page:

4/13/2008: Weekly Update Posted on the Members Page.

Trades Expiring May 16th 2008

4/19/2008: The DIA ETF Iron Condor trade filled quickly last week and is very safe this weekend. I will email and publish a new trade later this weekend.

Trade Initiated (Ordered-Filled)	Expired	Index	Spread Type	Bull Put	Bear Call	Initial Credit	Margin Required	Status	Profit %
May 2008
4/13/2008-4/14	5/16/2008	DIA	Iron Condor	111/113	136/138	$15	$185	Filled and open	8.1%

4/13/2008 NEW Trade: (Filled 4/14/2008) This May DIA 111/113 - 136/138 Iron Condor currently has a bid/ask of .11. My limit amount for this order will be .15 cents. The return for this trade is 8.1% as follows:

Margin Required for each contract of this trade = $200 - $15= $185
Return - Total Credit / Margin Required = $15 / $185 = 8.1%
We will exit either side of this trade if the DIA rises to 133, or drops to 116, which is 3 points away.

All Trades Expired April 18th 2008

4/18/2008: All 3 ETF Iron Condor trades expired worthless. I am very happy with the 4.2% monthly performance.

Trade Initiated (Ordered-Filled)	Expired	Index	Spread Type	Bull Put	Bear Call	Initial Credit	Margin Required	Status	Profit %
April 2008
3/30/2008-3/31	4/18/2008	SPY	Iron Condor	116/114	142/144	$8	$192	Expired Worthless	4.2%
3/22/2008-3/24	4/18/2008	DIA	Iron Condor	106/108	134/136	$8	$192	Expired Worthless	4.2%
3/22/2008-3/24	4/18/2008	IWM	Iron Condor	56/58	76/78	$8	$192	Expired Worthless	4.2%

about • privacy • terms & conditions • member's • contact•

ETF Option Trades

Profitable Options Trading For Everyone!

A recent Weekly Update emailed and posted to the Members Page: