Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Thursday, January 21, 2010
01/21 RUT Iron Condor
The trade took a hit Today, nothing to worry about, I have a contingent order to bail if it gets to the stop level and another one to cash in. I’m also observing the 5-day chart, if we get a warning to exit, I’ll pull the plug.
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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