Tag: Income spread trading
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OPNewsletter April +9.7% (closed); May +12% (Open)
While markets are struggling to make any meaningful advance, for OPNewsletter, we are having another excellent month. We closed April’10 portfolios for +9.7% gains, and for May income portfolios, we are up +12% with 3 weeks to go. These results don’t include gains on speculative trades. Another point to note, these were also two months…
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OPNewsletter Jan’09 : +4.06%, Feb’09 (Opening Soon)
OP Newsletter Jan’09 Income portfolios grew to +6.84% excluding brokerage commissions. However, including commissions; overall OPN grew by +4.06%. Our Jan’09 Income Iron Condor is closed for +14.27%. Just for perspective, not even a single OPN RUT Iron condor lost money in 2008. For Jan’09 portfolios, OPN used up maximum of 34.14% of overall assumed…
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OPNewsletter – Dec +15.9%, Jan +0.46% (Open)
December’08 was another positive month for the OPNewsletter delivering +15.9% including commissions. We prioritized preserving capital and invested only +14% of the assumed 10K portfolio inline with OPN’s philosophy of “When in doubt, Protect Capital first”. Even if we assume returns on overall capital that was a positive +2.23% after commissions. With the exception of…
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What’s next for US Markets and OPNewsletter (Jul +4.0%)
US markets suffered big losses last week. The DOW was down 3.3%, S&P 500 was down nearly 2.5%, Nasdaq was down nearly 1.5 %. This was OPNewsletter’s first week since we opened our July’08 portfolio and including commissions OPN’s is up+4% and x-commission it is up +5.8% for the July expiration cycle. We opened 5…