Friday, February 26, 2010

02/26 Daily Summary



Not much to report Today, OEX didn’t quite move and gracefully expired within my weekly condor. I am grateful for this week. We all (income traders) needed this break. Notice how the market seems to be navigating in calm waters. I sure hope we keep it up for the next few months!

02/26 OEX Weekly Iron Condor



OEX expired nicely in the center of the graph, gratefully accept the +8.7% ROI this week. Thank you!

Thursday, February 25, 2010

02/25 Daily Summary



That of what I desire for me, I desire for everyone! Gratefully exited all my Butterflies this month, now waiting for OEX to expire Tomorrow so I can also book my profits on that weekly trade. Nice and sweet week, I sincerely wish the same for all fellow option traders!

02/25 NDX Fast Butterfly



We were soaring around 11% ROI mid morning Today, then the market pulled back quite a bit. I am still very grateful that I got slightly above my 8% goal by end of day Today. Remember, I have been in this trade for exactly 3 days.

02/25 MNX Iron Butterfly



Landed the MNX iron butterfly Today, got it with a bit over my 10% profit goal, nice and sweet ride! Thank you!

02/25 OEX Weekly Iron Condor



Ok, OEX, let’s bring another weekly deal home, I am very grateful for having learned this trade from the fellow Sheridan Mentoring California1 trading group. Thank you!

Wednesday, February 24, 2010

02/24 Daily Summary





Didn’t touch any position Today, that makes it a perfect option trading day! Gratefully waiting for time decay to do its job so I can do mine (aka. Get out of the positions). So far so good.