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Trading the Iron Condor Option Spread

Trading the Iron Condor Option Spread

http://www.parkwoodcapitalllc.com/blog

Dr. Duke trades the iron condor in real time in this blog. He posts his entries, exits, and adjustments each day.

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  • Bulls In Charge For Now

    Posted on Thursday December 24th, 2009 at 15:47 in dr. duke's blog

    New market highs were set again today with the major indexes having positive gains for five days in succession. But these highs are being set on very low volume; less than 300,000 shares traded on the NYSE where the average this year has been around...

  • New Highs Again Today!

    Posted on Wednesday December 23rd, 2009 at 16:37 in dr. duke's blog

    The markets opened up in positive territory today and backed off a bit after disappointing new home sales data was released. But a weakening dollar appeared to prop up the market and the major indexes held most of their gains into the close. Tradi...

  • New Market Highs

    Posted on Tuesday December 22nd, 2009 at 15:45 in dr. duke's blog

    Yesterday's buying continued today, setting new highs on the S&P 500 with a close at $1118. RUT closed near its highs for the year at $624.  Surprisingly, this occurred in the face of a stronger dollar and downwardly revised third quarter GD...

  • Strong Bullish Market Today

    Posted on Monday December 21st, 2009 at 15:48 in dr. duke's blog

    Friday I predicted: "next week is likely to be slow and lacking clear direction, given the holiday and fewer people on the trading floors". Well, so much for that prediction! Today's markets were strong from the start, pulled back late in t...

  • The Pattern Continues

    Posted on Friday December 18th, 2009 at 18:26 in dr. duke's blog

    After Thursday's strong down day, one might expect Friday's market to be up; at least, that has been a common pattern the past six weeks or so. Although Friday started out in the red, trading slowly climbed all day and had a final strong push during ...

  • The Dollar Is Up And The Market Is Down

    Posted on Thursday December 17th, 2009 at 15:10 in dr. duke's blog

    Greece's debt problems appeared to be fueling a flight to safety out of competing currencies and to the dollar. The relationship of stronger dollar and weaker stock prices appears to be still holding. However, unemployment claims moved up a bit from ...

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