OPNewsletter Oct’09 +11.3%, Nov’09 +5.4% (Open)

Another excellent month for OPNewsletter. Oct’09 was 19th positive month out of past 20 months since I re-opened OPNewsletter in Jan 2008; a period that includes what is termed as one of the most fearsome bear markets of all time. All the 5 portfolios made money. Overall, we invested a maximum of 88.7% of capital and our gains were +11.3% (x-commission) and +9.48% including commissions. One of the highlight for this month was another profitable month for RUT Iron Condor (OPNewsletter hasn’t lost a single RUT Iron Condor since its re-opening in Jan’08). The Oct’09 portfolio included a mix of option trading strategies e.g. Iron Condor, Calendars, Double Diagonal, Credit spreads, etc.

Nov’09 is off to a good start. We opened 3 portfolios, invested 63.37% of assumed 10K portfolio. As of Friday close, with a maximum investment of +63.37% and we are up +5.5% x-commissions and +4.4% including commissions. Details of key portfolio, action plans can be found on member’s only section of the OPNewseletter forum.

The above result doesn’t include results from speculative trades.

If you are not an OPNewsletter member and would like to sign-up, pls click here to sign-up for the waitlist as OPNewsletter subscription is open via invitation only.

Profitable Trading, OP




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