Overview: This post tracks the progress of the $SPX April5 2016 CIB Trade and is updated daily. As always, the information is being presented for educational purposes only and this is not a recommendation to take a trade. Additional Information on the CIB can be found here and here and the premium course that covers […]
Big Picture: Quick Note: The March CIB was closed this week and the April trade was opened. You can read a review of the March trade here and/or follow the daily updates for the April trade here. I’m updating the live page on a daily basis with video and written comments. —————————– In the markets and trading, […]
Overview: The March 2016 CIB was closed on February 24, 2016 for around the target gain ($407 Gross, $248 Net, or a roughly 2% return on the sample account). The position was publicly tracked on a daily basis with live video, written comments, and a tracking spreadsheet. In other words, I’m not sugar coating the outcome, […]
The March trade was closed on 2/24/2016 for a 2.04% net gain on total capital. The Live Trade Page for the March trade is located here. Overview: This post tracks the progress of the April 2016 CIB Trade and is updated daily. As always, the information is being presented for educational purposes only and this […]
Overview: In early January 2016, the February 2016 Core Income Butterfly (the trade used February options) was closed and this post is a recap of the trade. The position was short lived and profitable, went through an up move early on, and a down move later in the trade. The market made it outside of the […]
Strategy Overview: In the past few months, I’ve been experimenting with Broken Wing Butterfly trades and this post looks at a couple of closed trades. My interest in the strategy has grown out of what I’ve seen the guys over at Capital Discussions doing with their trades. They have some great traders in their community and […]