NDX trade finally loses .. but not much! (Yay for wide strikes!)

This past week was "expiration week" when monthly options expire. As previously mentioned here, that's now the once per month that the NDX trade that works so often (1 standard deviation iron condor put on around 9:45 a.m. to 10 a.m. Pacific time Thursday, expiring the next morning) is only available now once per month during these "expiration weeks."

As you can see, it went sharply down just after I put it on ... and the price of daily settlement, NDS, which is how the result is marked, came in at 7352.30. Since the short strikes I sold were 7360, that was a loss.

But! Once again the widened strikes limit the loss ... 5 wide strikes would have lost 100%, but 50-wide strikes only lost ... 7.07%! A couple of smaller accounts I'm trading were only at 30 wide strikes, and those were slightly higher percentage losers: 12.9%.

Since the 2 SPX trades made full profit, the week was profitable too. I made $377.68 in the $20000 account I'm trading, $3776.80 in your virtual $200,000 account.

I'm going to start mentioning the virtual $200,000 account because I'm going to be looking for 10 people with $200,000 to allow me to try this system with their accounts.  I just passed the "series 65" test 2 weeks ago and am working on the other requirements to become a Registered Investment Adviser in Washington State (and maybe others later) ... so I'll be able to do this for more people soon, I think.

Contact me if you're interested .... Results after this week:

Expiration	Underlying	Long put	Short put	Short call	Long call	Credit Received	Result
07/16/2018/	SPX	2680	2730	2810	2860	$3.60	Won 100%
07/18/2018/	SPX	2700	2750	2820	2870	$3.95	Won 100%
07/20/2018/	SPX	2700	2750	2835	2885	$2.40	Won 100%
07/20/2018 (a.m.)/	NDX	7260	7310	7410	7460	$5.99	Won 100%
07/25/2018	SPX	2705	2755	2835	2885	$2.40	lost 16% of amount at risk
07/27/2018	SPX	2695	2745	2825	2875	$3.50	Won 100%
07/30/2018	SPX	2720	2770	2850	2900	$2.60	Won 100%
08/01/2018	SPX	2730	2780	2870	2920	$2.15	Won 100%
08/03/2018	CMG	430	450	490	510	$1.01	Won 100%
08/03/2018	AMZN	1692.5	1722.5	1887.5	1917.5	$2.60	Won 100%
08/06/2018	SPX	2720	2770	2860	2910	$2.05	Won 100%
08/08/2018	SPX	2740	2790	2860	2910	$2.05	Won 100%
08/10/2018	RUT	1610	1640	1710	1740	$1.53	Won 100%
08/10/2018	AMZN	1737.50	1767.50	1885	1915	$1.79	Lost about 30%
08/13/2018	SPX	2760	2810	2885	2935	$1.65	Won 100%
08/15/2018	SPX	2760	2810	2860	2910	$3.80	Won 100%
08/17/2018 (a.m.)	NDX	7310	7360	7460	7510	$4.42	Lost 7.07%