XLE – Options Trade Of The Week

Posted in: Options Trading, Trade Of The Week, Trade Recaps, Trading Article


In this week’s Options Trade Of The Week we are going to take a different approach from what we have done the last few months.

We are going to take a close look at the XLE Iron Condor that we sold a few weeks ago in a previous trade of the week.

With that position expiring today, this will be a great time show how we will cover plus how we managed that trade this week.  We will then take a look at a new XLE trade that we took as an adjustment to our XLE position.

To make it easy for you to follow along,  I recorded a short video which will walk you through the management of the Iron Condor earlier this week and then walk you through the XLE trade that we took as the adjustment.

We will be back next week to take a look at our open trades and also look to add a new trade of the week.


You Have Questions – I Have Answers

If you watch the video and have any questions, please feel comfortable reaching out to me at mike@netpicks.com.  No question is silly and I have made it my mission to help anybody looking to trading in the Options market find some level of success.


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