Did You Miss the GOOG Class?

I hope you were there. We had a couple Students who just began their classes who said they have already paid for all 7 weeks worth of training on that ONE TRADE ALONE! If you missed it, or you would like to watch us unwind the two trades live, join us on Friday, October 15th at 1pm: https://www2.gotomeeting.com/register/230758386.

By the way, we did an OCT Strangle and a NOV Reverse Iron Condor! They both should see returns on risk in the 100s of percent.

See you all there. If you cant make it, go to www.ETNtrade.com and set up a free account so that we will keep you posted about the next big trade.

Happy Trading!

OptionDave

Google Earnings Thursday

ETNtrade will host OptionDave to demonstrate a Strategy that has proven to be very successful on earnings past for GOOG. Join this sessions by clicking here: www.ETNtrade.com/free-events

The final round of Online Option Trading Lessons is now underway. Make sure you dont miss this last opportunity to join in.

Free Strategy Session: The Strangle

OptionDave will be holding free strategy sessions over the next couple weeks. Please visit www.etntrade.com/free-events/free-events to register. If you have any questions, please click on Contact Us on www.ETNtrade.com.

Are you watching ALKS?

I certainly am! Approval news comes out today, and my 12.50 calls are looking very nice. Come trade WITH us on www.ETNtrade.com!

Seemed to be repositioning

Sell-off continued today, but rebounded on tech and material stock...VIX had a strong showing...next week is setting up nice.

The VIX is back!!!

Up over 20% today, opportunities abound to take advantage of inflated premiums. I played the DIA in a credit spread (iron condor) with plenty of wiggle room. Should be very interesting how the market responds in the comings days/weeks with regard to the sovereign debt risk issues...Greece, Portugal, Spain, Lithuania...

Excited for Monday open!

Monday's opening bell should be very interesting. I see 2 major influences. First, positive tech earnings. Negative sentiment on Banking/Finance due to talk of regulation in DC. I sold my Feb 101 Puts on DIA this past Friday. It was a nice little chunk of change for 3 days. Basis was 1.68, sold for 2.18 (per contract). I closed the position because I was uncertain how the market would react on Monday, and did not want to be exposed for unnecessary loss for a short term position.

I entered an Iron Condor 1/28 on MSFT, for February expiration. Reason: take advantage of pre-earnings inflated premiums. B26/S27 puts, B33/S32 calls. .24 credit per pairing. B/E's are between 26.76 - 32.24. Probability looks solid.

Rock-n-Roll!

State of the Union Address, AAPL ipad, X, Toyota...Day II of the World Economic Forum...

Who needs trading opportunities? Save www.ETNtrade.com to your FAVORITES. Be on board the DAY we launch...stay tuned...

Great things in store

Hi everybody! I sure am glad to be on board, and am really enjoying working with my trading partners. WOW, there are great things in store for ETNtrader's in 2010!!!

Welcome to ETNtrade

ETNtrade, Where the Elite Trade!

Hello Traders-

Welcome to ETNtrade.  Our Blog has now moved and is located on our website at www.etntrade.com/toolbox/trader-blog.  Also, please feel free to visit our website, www.ETNtrade.com, to see a Calendar of Upcoming Events.

Who is ETNtrade?  While we will cover all markets for all types of Traders, our main focus at ETNtrade is on Spread Trading Options. We not only teach our Members techniques to use in the exciting Options Markets, but we also trade live with them in our Live Trading Sessions. Please stop by our website to learn more.

Happy Trading-

OptionDave
President and Co-Founder