Apr 4 - Options Trades:

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Apr 4 - Options Trades:

  • Current markets are going RED
  • Today's Options Trades
  • Collecting ~ $70+ dollars
  • "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.

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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.
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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.
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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