Iron Condor Category

RUT Iron Condor (Feb’07 Update)

In: Iron Condor

I have rolled up both the legs.
880/900 to 830/840 for $0.85 credit. Also reduced the spread from $20 wide to $10. I also rolled up 700 put to 710 for $0.90 credit and the similar to BCS also reduced it’s spread to $10.
With these adjustments, I have collected $3.20+$0.85+0.90= $4.95 (for my resulting 830/840/720/710 IC) and my [...]

RUT Iron Condor (Jan’07, 34% so far)

In: Iron Condor

I closed my 840/850 BCS by buying for $0.15. Now I am open on the bull put side (750/740) which is currently selling for $0.70 and there are 2 more week for the expiration. It is still above my threshold so I don’t want to buy this back yet.

With this purchase of BCS now I [...]

RUT Iron Condor (Jan’07)

In: Iron Condor and Trade Ideas

I have collected $2177 out of possible $3100 from the RUT Jan Iron condor. That’s about 70% of total premium that I can generate by selling IC. This is app 31% profit for the Iron condor and just 3 weeks to go for the Jan expiration cycle.

Some of you might be surprised how could I [...]

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OPN Performance

This assumes a $10,000 starting and fully invested capital. The current phase started when OPNewsletter was re-opened in Jan'08 for Feb'08 expiration. OPN Month is counted as 3rd Friday of each month same as US Equity option expiration day. Comparison with S&P500 or Dow is not shown as it's unfair to expect from such large institution to deliver high returns. I would rather compare with my own target.

OPN Performance (Current) - http://sheet.zoho.com

The Phase-1 assumes from May 2007 till Jan 2008 and starting fully invested capital of $10,000.

OPN Performance (Phase-1) - http://sheet.zoho.com

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Performance Matters (OPN)

  • May'07 +22.3%
  • Jun'07 +33.5%
  • Jul'07 +32.7%
  • Aug'07 +17.9%
  • Sep'07 +6.9%
  • Oct'07 +57.3%
  • Nov'07 +17.1%
  • Dec'07 (Chill-out)
  • Jan'08 +14.8%
  • Feb'08 +11.6%
  • Mar'08 +16.5%
  • Apr'08 +9.2%
  • Commission included from May'08
  • May'08 +1.7%
  • Jun'08 +11.1%
  • Jul'08 +7.1%
  • Aug'08 -13.0%
  • Sep'08 +6.2%
  • Oct'08 +9.0%, only 1 Portf.
  • Nov'08 +5.0%
  • Dec'08 +0.0%(Opening)

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