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

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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.

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OptionDave
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