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.
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.