A quick recap of the first trading day in 2008. Click to read more about the current Russell 2000 trade, oil, the fed minutes and the economy in general.
2007 has come to a close. The Santa Claus rally didn’t really do much this year and we ended on a down note.
The RUT closed the year at $766.03 down ($5.73) for the day. All of the other major indexes shared similar performance for the lackluster close of the year.
Overall, 2007 was a [...]
Finally, back into the game of options trading for the year. I’ve spent enough time in my new role with my employer to be able to juggle travel, work, life and trading! It’s about time!
Last month I went ahead and dropped down a quick RUT position, it turned out very nicely, I’ve just [...]
Well, it has been quite some time since I have placed any trades. This year has been a hectic one with a new position in my company and many life changes.
I think the market is finally in a spot were I am comfortable putting my money on the line, as a result I threw [...]
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 [...]
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 [...]
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 its the last week of the March option cycle, and I’ve got a couple of nice fat cushions on each of my positions. This morning the market opened up, as I write this is the SPX is up 5.53 and the RUT is up 7.43; currently they sit as 1287 and 733 respectively. [...]
