Options Trading Results for October 2009
The options trading results are in for October 2009.
For October 2009, OptionGenius.com was + 2.72%.
Not very impressive is it. But the S&P was down -1.98%.
Trade #4 for the month was rolled forward to November. If I had not rolled it, it would have expired worthless and with a profit. Instead it is now November Trade #3.
Both iron condors did great in October. I took a more conservative stance this month because of October usually being a very bad month for the markets. And this one did not disappoint.
It started out smooth, then dropped towrdas the end of the month, then reversed and rallied up just as fast as it had dropped.
Can you saw “whipsaw?”
Options trading output
But both condors did great with no adjustments required. What really hurt was an IWM butterfly that busted my chops. If I had just put that trade on and forgot about it, it would have been profitable, but alas, that’s not how it works, so this trade was a loser.
Regardless, it was a positive month in a year that has been anything but ordinary. The site is still on track for a 50% plus year if November and December work out.
Right now I am up + 36.11% for the year. Which is better than most hedge and mutual funds, and double the S&P.
Want to improve your option selling strategies?
Options investing can be far greater than the potential gains of buying or selling stock. However, the risks are also greater. For those of us who love the extra challenge of option investing, it is worth every minute of time you spend.
Here at OptionGenius, Our goal is to help you make 10% monthly returns on risk capital while still protecting your investment capital. No matter if you have a small account or millions to put to work, our strategies work for all types of accounts and our style of trading only take minutes per day to implement and monitor so you can balance your work and life.
Got questions? Let us know on the comments section below and be sure check out our previous blog posts for best options advisory service and awesome tips on how to do option trading for a living.