March Trade Cycle - 12% gain for the Month

 

April Cycle Trade Alert (Last free Trade) and Move to "updownfinance.com"

Dear UpDownFinance Blog Followers,

Please be advised that the April trade is being posted here; however, this will be the final free post on this site. Going forward, any updates to this trade and subsequent trades will be  posted at “UpDownFinance.com”. We have moved to a paying subscription model, and this is our official website. Please visit the site and subscribe if you're interested. Please note that we will continue to post articles and other relevant materials to this blog periodically. We hope that you found our service of value.

We are truly grateful for your interest and support over the past few months, and we hope that you will join us at our new site.

Sincerely,

The UpDownFinance Team

Income Trader/Updownfinance is initiating the following Iron Condor trade for the April cycle.

Small Portfolio

-15  RUT  APRIL11  880C

+15  RUT  APRIL11  890C

-15   RUT  APRIL11  680P

+15  RUT  APRIL11  670P

Net Premiums $1.15 to $1.25

Large Portfolio

-50  RUT  APRIL11  880C

+50  RUT  APRIL11  890C

-50   RUT  APRIL11  680P

+50  RUT  APRIL11  670P

Net Premiums $1.15 to $1.25

March Portfolio Setup

February Trade Cycle - (Larger Portfolio size) 9.30% gain for the month

February Trade Cycle - (Smaller portfolio size) 9.53% gain for the month

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

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.