Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, April 27, 2009
4/27 OIH 30-Day Condor
OIH retraced a bunch Today. I kind of expected it after last Friday's wild jump. Usually when prices jump on "hopium", they come back down with the big hangover.. Let's see what else comes up.
NOTE: I did not have my take profit orders in place for the PUT spreads, that's a lesson learned for future trades.
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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