Friday, February 11, 2011

Trade Alert


We are initiating an Iron Condor Trade for the March Cycle
Small Portfolio
-15  RUT  MAR11  875C
+15  RUT  MAR11  885C
-15   RUT  MAR11  720P
+15  RUT  MAR11  710P
Net Premiums $1.15 to $1.25
Large Portfolio
-50  RUT  MAR11  875C
+50  RUT  MAR11  885C
-50   RUT  MAR11  720P
+50  RUT  MAR11  710P
Net Premiums $1.15 to $1.25

Monday, February 7, 2011

Close 705/715 Put Spread for .05 or less

The spike in the RUT this morning, presents an opportunity to close 705/715 put spread for .05 or less. Also those who did not close the Call spread when we did way earlier on, I sent an alert to close the Call spread at 870/880 (.02/.01 delta) for .05 or less. You can also close the insurance at 860 (we are leaving us in place) or you can leave it as a lottery play in case the RUT spikes up in the next two weeks.

Close 870/880 call credit spread for .05 or less

Put in an order to close 870/880 call credit spread for .05 or less, good till cancelled (GTC).

February Trade Cycle - Portfolio Update

Wednesday, February 2, 2011

Please send us your feedback and comments to -" updownfinance@gmail.com"

First of all we would like to thank all of you for your support and also special thanks to everyone who has  sent us email with their comments and suggestions.

We started this blog with one purpose in mind, to make it a very good product that provides consistent positive investment returns to its members and one that meets their needs in terms of the quality of service we provide.

So far we have heard from quite a good number of members who have different suggestions. Some members wanted more frequent updates, others also wanted us to remove outdated trade alerts  and the list goes on. Please be rest assured that we are taking all that into considerations and also asking those who haven't sent in their suggestions or comments to do so.

As some of you are aware, we will be limiting the number of subscribers,  when we transition to a pay per subscriber model. This decision is to enable the subscriber base to get the most benefit and to ensure that our trades are not crowded, since these are income trades and mostly single trades, although we are planning on including other indexes like the SPX. So for the moment, we might end up having a waiting list but will do everything we can to ensure that the waiting list is managed on a first come first serve basis.

Once again thanks for your support and please write to us at - updownfinance@gmail.com.

Best Regards,

UpDownFinance Team

Tuesday, February 1, 2011

Trade Alert

The deltas on our short Put has moved from .15 last week to .08, putting as in a great position. If the RUT were to break 800, we would look to put on a Call Credit spread at a .08 delta or better. So please stay tuned today, we would send an update if we decide to put on the trade.