The S&P futures are down on Monday evening so if the DJX opens lower on Tuesday morning this may be an opportunity to get an even higher credit. With elevated volatility, positive seasonality, and NO RISK of early assignment, now is a perfect time for an in-the-money (ITM) index put credit spread. Read More

VMW is completely in-the-money and negative net theta is working against us. It is prudent to roll the trade to generate additional credits and avoid risk of early assignment. Read More

With an elevated VIX and uncertainty of market direction, now is a perfect time to enter a vega-negative and neutral-bias iron condor on the SPX. Read More

The ADSK iron condor is completely out-of-the-money but we need to roll to generate additional credits that could potentially turn the overall trade profitable. Read More

Given the muted implied volatility environment, the EOG calendar spread does not look like it will hit our full profit target. However, we may be able to generate a return of 21% in just nine days, so it is prudent to close out the trade early and lock in our partial gain. Read More

A retry and a retest equals double the success. Read More

It is prudent to roll our Deere & Company Double Diagonal before earnings are released Friday morning. We are converting our double diagonal spread to an Iron Condor to avoid automatic assignment on our short 155 put and to give the overall trade more time to work. Read More