"4-5-6" Iron Condor SPY June 30 Adjustment. Added risk on PUT legs.
April 4, 2023
Markets are uptrending. 4 out of the last 5 week has been UP (GREEN).
Markets have been GREEN on a "daily" basis.
Today, it is too early to say if the TREND is going red, but we must keep an eye on it. I am looking forward to a few RED days. This will be good for my existing OPTIONS TRADES that I have open.
Today Options Trades
Adjusted Visa Iron Condor - Added more risk on PUT SIDE.
Lower Strike Price on SQ Covered Call.
Adjusting MRVL Covered calls.
Rolled Out and UP EA Covered calls.
Part of my "4-5-6" Social Media Option Portfolio:
Adjusting SPY Jun 30 Iron Condor.
Adding some RISK back into the PULL (as markets are testing CALLS legs).
This should reduce some "risk" in the trade by offsetting the losses on the CALLS side. The best outcome is the markets trade between 3700-4100 in the coming weeks and I make money on both sides of the Iron Condor.
RED MARKETS, PLEASE!
I want some RED day in the markets.
I want to see some RED weeks. Let's start NOW.
I want to make money in my OPTION TRADES.
Apr 4 - Options Trades: | Ecency
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