Well, well well… Last week I was able to get a nice little fill on what appeared to be a very well priced 830/840 730/740 December 2006 RUT Iron Condor.
The market appeared to be slowing down a bit, and with the holiday’s on us, volume would likely be light. Today, the market did a [...]
What a day! All of my open positions in both the cash and paper money accounts expired worthless. As of today, all accounts are back in the black! I’m up a nice 14% or so in the paper money account for the year, and my actual cash account has come back after the [...]
I put in an order today to finish the RUT condor for November. The total condor is now a 740/730 810/820. I got a fill for $0.24 on 50 contracts. I’ll keep an eye out next week, if the RUT moves down a lot, I’ll have to close out an lose a [...]
Looking at all of the data out there, I’m pretty comfortable holding on for the next 9 days on both of the SPX and RUT positions that I’ve got open currently.
Based upon a quick analysis in the tools from thinkorswim, the SPX has about a 0.13% chance of expiring above 1430 and the RUT has [...]
But a few days too late… We are finally getting the pull back that I expected in the RUT and the broad based market index’s. The problem is we are so far into the month of November now that there just simply isn’t much premium on the table any more.
I’ll keep my eyes out [...]
