So far things are looking rather nice for all of the August positions. As expected the Federal Reserve did not make any changes to short term interest rates and the market didn’t do much in response. We did get a quick bounce on Tuesday followed by a sharp drop off, but none of that really matters for our positions! Profits should start rolling in, in about 2 weeks. I may close out early and roll forward into September if opportunities arise. Enjoy your weekend!

Categories: Options Trading, Papermoney