SPY Iron Condor Options MAY Credit Spread Trade *PANDA*

Entering the SPY May IRON CONDOR for a credit of .49 today on APRIL 11 2008. Check out the VIX volatility on this sitting on the 200 for many days and not able to shoot up. This could signal a rise in the markets. Check out the website for decently conservative gains! April 25th UPDATE: Given the fast up move in the market,this trade was exited today April 25 for a debit of .37...Giving us a net final debit of .12.....That is a profit of 7.947% Less than our expected 10% return...but I'll take a 8% profit in two weeks anytime! Also, gives me a chance to enter another trade for a 5% profit, so that will be a total of 13%..I have entered in into another SPY trade...check out my updated new video.

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: pandastockpicks

Length: 06:16
Rating: N/A
Views: 2095

Tags: iron  condor  condors  option  options  trade  trading  day  stock  vix  market  volatility  technical  charts  analyis  emini  cramer  

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