Options Trading Diary

As of 07/01/08 Diary is now exclusively following the Iron Clad Options Network's (IcON) Trading Strategy. IcON trades exclusively in market neutral Iron Condors on the Russell 2000 Index (RUT). Strategy aims to return 5-12% on capital every 4-6 weeks. Accounting for 1 or 2 difficult months per year, strategy intends to return 50-80+% annually.

Tuesday, August 01, 2006

Recommendation for Wednesday 7/3/06

Buy MSTR Put

Buy the Sept 80 Put option for MSTR. The option symbol is .EOUUP. Don't pay more than $4.20 for the contract.

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