Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, March 16, 2009
16/03 OIH Low Prob Condor - Daily Update
Daily Update: Just started this trade, sorry I have to run, but there is nothing much to add except here are the profile, trading plan and historical probabilities.
Contingent Orders: a) Close CALL spreads for .09c (GTC) b) Close PUT spreads for .09c (GTC) 1) Close 1x PUT spread if at or bellow 61.70 2) Close 1x CALL spread if at or above 84.70 Historical Probabilities for the next 20 days
Very good trade in my opinion, i like how your plan is well laid out.
ReplyDeleteThank you Bob, let's see how it plays out.
ReplyDelete