Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, April 30, 2009
04/30 OIH 30-Day Condor
OIH moved up early in the day and I got out of the PUT spread, locked in 85% of profits, at the end of the day it moved back down and earned extra profits on the CALL side. Approaching 10% zone, let's go OIH!! Let's bring this one home.
All content on this site is provided for informational and entertainment purposes only. It is not intended as advice to buy or sell any securities. Nothing should be considered or construed as personalized investment advice. Stocks are difficult to trade; options are even harder. Please do your own homework and accept full responsibility for any investment decisions you make. Although I may answer your general questions or comments, I am not licensed under securities laws to address your particular investment situation.
ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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