Index Iron Condors via TOS autotrade

by Ron
(Carlsbad, CA USA)

I believe the Index Option Trader crew are dedicated and work very hard to provide positive returns. However, I subscribed during last quarter of 2008 and first half of 2009 when the markets were having extreme gyrations.

It was confusing and difficult to keep records due to the gradual and unbalanced unwinding of these trades. Sometimes they would terminate small portions of the original condor over several days or weeks. It was difficult for me to follow their logic on many of these trades.
But as I said, this was an unusual period in the market which made it difficult for this type of trade. Through many trades during that period, at best I broke even after commissions. However, in a normal market, whatever that is, I would consider using their services again.