Monday, November 22, 2010

November Results

The November SPY trade expired successfully last Friday. Didn't get to place the other end of the trade to complete the Iron Condor, but I will take the profits considering this was an election month.
I will be looking to enter another spread after the Thanksgiving holiday. We will have to see if the market decides to make a move either way from its current channel.

November 2010 results:

Nov 2010 SPY 110/109 Bull Put Spread was successful for a ROI of 13% for + $990

This puts the account up 5% for the month of November at $20,790.

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