10PercentPerMonth.com - January 2010 Trade Details

IWM* Jan10 59/61/67/69 Iron Condor was sold for a credit of $0.20.
The margin requirement for this position was $1.91 per spread.
The position expired worthless resulting in a 10.47% profit!

RUT Jan10 600/610/670/680 Iron Condor was sold for a credit of $1.10.
The margin requirement for this position was $9.45 per spread.
The position expired worthless resulting in an 11.64% profit!

SPY* Jan10 108/110/117/119 Iron Condor was sold for a credit of $0.21.
The margin requirement for this position was $1.90 per spread.
The position expired worthless resulting in a 11.05% profit!

DIA* Jan10 109/111 Call Spread was sold for a credit of $0.09.
The margin requirement for this position was $1.91 per spread.
The position expired worthless resulting in a 4.71% profit!

QQQQ* We did not see an opportunity or get good pricing for the strikes we wanted to open. The amount allocated for this position was not used.

Average profit for the month is 9.47%. A $20,000 investment would have returned $1515.

* on autotrade

A special note on this month's trade:
The VIX actually dipped below 18 this cycle! Investors are getting very complacent about risk, pushing the markets higher. Any selloff is seen as an opportunity to buy equities at a discount, quickly bouncing back. If any correction ever does occur, a huge majority of investors will be taken by surprise.