The market was down on Monday — but it should come as no surprise to investors that the market was down. Over the last five months, the Dow Jones Industrial Average (DJIA) (INDU) (DIA) has only been up on TWO Mondays. It has been down on a whopping 17! As if Mondays aren’t already depressing enough!
Below is a chart and table highlighting the recent spate of down Mondays:
China’s stock market started out this week on a sour note with the Shanghai Composite suffering yet another breakdown. As shown below, it looked as if the index may have been forming a short-term double bottom, but the double bottom may have failed again with another big move lower through support.
Rapid Options Income employs Iron Condor credit spreadsto achieve consistent income in both bull and bear markets, through selling short-term options time premium in a limited risk, high probability proven strategy. An Iron Condor is afour-legged option trade on the same underlying security, with each option having the same expiration date. It is created by selling an Out-of-The-Money (OTM) Call Spread and simultaneously selling an Out-of-The-Money Put Spread for 1 limit price in 1 package option trade.
Strategy Advantages
The average profit targets for ROI trades range from +15% to +45% gains, with an 80% probability of success based on historical testing and trades to date (though past performance is no guarantee of future results, of course).
Since ROI primarily utilizes SPY Weekly Options,trades can be placed using 1 point strike prices on each side.Thus, the maximum risk on a trade is less than 1 point. This means thatour BigTrends Rapid Options Income trade recommendations have less than $100 net risk per spread!In fact the average maximum risk on a given trade will only be between $55 and $85 per spread.
This is the #1 Iron Condor credit spreadsservice in the nation
When you subscribe, you’ll enjoy profitable trades like these:
Entry Date
Options Traded
Entry Price
Current or Exit Price
% ∆
Exit Date
07/26/12
0.20
0.00
25.00%
08/03/12
07/19/12
0.19
0.00
23.46%
07/27/12
07/13/12
0.18
0.55
-45.12%
07/20/12
07/06/12
0.22
0.00
28.21%
07/21/12
06/15/12
0.20
0.00
25.00%
06/22/12
06/07/12
0.18
0.00
21.95%
06/19/12
05/31/12
0.22
0.00
28.21%
06/08/12
05/03/12
0.25
0.00
33.33%
05/11/12
04/11/12
0.30
0.00
42.86%
04/21/12
I think you get the idea. We find trades that statistically have a very high probability of success. 8 out of 9 winners (88.8%) in our internal time-stamped trades.
