Index Credit Spread Options Trading Advisory Service

New Trades Expiring February 15th 2008

2/3/2008: This February NDX 2000/2025 Bear Call Spread currently has a bid/ask of .65/1.50. With a midpoint of 1.05 my limit amount for this order will be .75 cents. The return for this trade is 3.1% as follows:

* Margin Required for each contract of this trade = $2500 - $75 = $2425
* Return - Total Credit / Margin Required = $75 / $2475= 3.1%

1/26 /2008: NEW Bull Put RUT and IWM Trades. Only 21 days remain, and the markets are not surging up and down anymore. Our conservative trades that are filled and the new trades below are fairly safe. The interest rate reductions and positive earnings reports has lessened investor’s fears of a recession and brought back buyers looking for bargains. The RUT Index and IWM ETF index are the safest index’s to trade this weekend.

This February RUT 580/590 Bull Put Spread when filled will complete a RUT Iron Condor trade. If you have the RUT 780/770 Bear Call Spread filled your broker will not require any additional margin when this Bull Put Spread trade is filled. This Bull Put Spread currently has a net bid and ask of .30 and .85 cents. With a midpoint of .575 cents my limit amount for this order will be .40 cents. The return for this trade is 4.2% as follows:

* Margin Required for each contract of this trade = $1000 - $40 = $960
* Return - Total Credit / Margin Required = $40 / $960 = 4.2%

This February IWM 56/59 Bull Put Spread currently has a net bid and ask of .07 and .18 cents. With a midpoint of 12.5 cents my limit amount for this order will be .10 cents. The return for this IWM trade is 3.4% as follows:

* Margin Required for each contract of this trade = $300 - $10=$290
* Return - Total Credit / Margin Required = $10 / $290 = 3.4%