In celebration of Monday’s launch of Condors for Cash Flow (if you missed it, be sure to check out the replay HERE), I wanted to focus on the mighty Condor strategy for today’s musings.
Let me first mention I’m extremely excited about the monthly Mastermind Group meetings we have planned for those that have purchased the Condors for Cash Flow system. I will be hosting Wednesday night’s kick-off (held at 8:30 PM EST). I have a boat load of enlightenment planned for our inaugural event tonight so come ready to party.
In Monday’s webinar Gino, the Thetanator himself, showed a backtest example of how the system performed in 2015. Eleven wins, one loss. Impressive, most impressive. But was it a one-off, an outlier, a lucky year never to be repeated?
Nope!
While each year will obviously vary, the high win rate is virtually assured over time. In the video series, I have an entire section on backtesting and go through how the system performed from 2011 through 2015, five years in all.
But what about recently? Is the Condor still thriving? Is she well fed, well behaved and still delivering the goods?
Yes!
I will talk more about this year’s performance in tonight’s MasterMind Group (be there or be square, friends), but wanted to provide a taste for today’s tale. Here are the trades the system generated from October 2016 expiration through the current Aug 2017 cycle.
Aug 18th 2016, Entered Oct 1070/1060 bull put and 1330/1340 bear call for $1.05. WON!
Sep 16th 2016, Entered Nov 1050/1040 bull put and 1330/1340 bear call for $1.15. WON!
Oct 13th 2016, Entered Dec 1030/1020 bull put and 1330/1340 bear call for $1.20. LOST!
Nov 18th 2016, Entered Jan 1140/1130 bull put and 1420/1430 bear call for $1.29. WON!
Dec 15th 2016, Entered Feb 1180/1170 bull put and 1480/1490 bear call for $1.12 WON!
Jan 17th 2017, Entered Mar 1180/1170 bull put and 1480/1490 bear call for $1.10 WON!
Feb 17th 2017, Entered Apr 1240/1230 bull put and 1230/1220 bull put for $1.00 WON!
Mar 17th 2017, Entered May 1230/1220 Bull Put and 1500/1510 bear call @ $1.07 WON!
April 17th 2017, Entered June 1180/1170 bull put and 1470/1480 bear call @ $1.12 WON!
May 19th 2017, Entered July 1210/1200 bull put and 1480/1490 bear call @ $1.11 WINNING!
June 16th 2017, Entered Aug 1250/1240 bull put and 1500/1510 bear call @ $1.16 WINNING!
July expiration is eight days from now, so it’s a foregone conclusion that the July Condor will close a winner. Right now August is about 50% to max profit. So assuming we close out both of those months at a win the totals for the past 11 trades will be ten winners and one loser. Not too shabby!
And, I might add, it’s virtually the same outcome as the system generated in the 2015 example shared by Coach G in Monday’s launch webinar.
We plan to make these monthly Condors for Cash Flow Mastermind meetings the ultimate value-add. I’m not satisfied if you only understand the system, I want you to be able to execute it with ease. And these monthly meet-ups will go a long way in accomplishing that.
I’ll see you folks tonight. For those who haven’t yet had the pleasure of grabbing this one-of-a-kind system, consider this your friendly kick in the pants. Profits await, chop-chop.
View the webinar launch HERE.
