Over the past few days I’ve been able to secure fills on two August positions. The first in an SPX Iron Condor and the second position was a result of two RUT Iron Condors. I’ll run down the positions here; however, they are also reflected in the portfolio section of the site.
SPX Iron [...]
Today was a good and bad day to wake up In hindsight, I should have closed my MSH play and not left settlement risk on the table. The MSH opened lower today, quite a bit lower, and it cost me a bunch of the monthly profits that had been locked in. It’s [...]
July was a nice month. Apple reported great earnings and I was able to close the position opened earlier this month for a quick gain. Thursday late in the date I unrolled the RUT and SPX plays for next to nothing and I fully expect the MSH play to close completely profitable. [...]
Well, it looks like things will be okay now. Assuming that tomorrow doesn’t bring crazy news, the markets have popped enough for July to be a very nice month.
The Fed Chief spoke, and the markets listen. This time is appears that we were on the right side of his comments which [...]
Oh my… Over the past few days quite a bit of premium has left the market and we are getting pretty close on a few of the positions! I’ll keep a close eye on them as we enter the last week of the July option cycle. Today was particularly nasty for the portfolio [...]
I’ve put in a few July adjustments for the papermoney account. I did a roll on the Russell Position moving the 610/600 Put Spread up to 670/660 and have an order out for a new MSH Call Spread. If I get the fill on the MSH Spread I’ll update this article and post [...]
