Thursday, August 26, 2010

OPTIONS ACTION

IRON-CONDOR (WEEKLY SPY)
EXPIRATION: THIS WEEK (FRI, AUG 27TH)

TRADE:

SELL CALL: 106
BUY CALL: 107

SELL PUT: 103
BUY PUT: 102

PREMIUM: $0.26 (@NATURAL) OR 38%!

7 comments:

  1. This comment has been removed by the author.

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  2. with only one more day of the trading week to go, seems like a pretty low-risk trade.

    Gosh I love the weeky's! :)

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  3. AN EVEN LOWER RISK-TRADE

    IRON CONDOR (WEEKLY SPY)
    EXPIRATION: THIS WEEK

    SELL CALL: 107
    BUY CALL: 108

    SELL PUT: 103
    BUY PUT: 102

    PREMIUM: $0.14 (@NATURAL) OR 16% UPON SUCCESSFUL TRADE!

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  4. Not a bad return for 1 DAY OF RISK!!!!

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  5. I'll post some interesting trading ideas tomorrow that might be worth putting on the radar for Sept Expiration!

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