18 June 2009: Let options expire worthless
RUT (Russell 2000 Index) Iron Condor initiated on 26 May 2009
Trade Type: High Probability, Low Reward Iron Condor (Index Iron Condor)
Trade Summary
18 Jun 2009
RUT at 521.98 (+20.40)
0 days to Jun expiration
Action: Do nothing. Let options expire worthless.
Profit or Loss: +$50 per entry.
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Past Trades
Iron Condor, RUT
1 June 2009: Close Call spread
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 27 May 2009 (Leg-in)
Trade Type: Low Probability, High Reward Iron Condor (leg-in) (ETF iron condors)
Trade Summary
1 Jun 2009
SPY at 94.77 (+2.2)
18 days to expiration
Action: Close call spread initiated on 27 May.
Buy to close SPY Jun 93 Call
Sell to close SPY Jun 95 Call
For a net price of $1.17-1.19 debit or better. [All TOS auto-trade participants were filled at $1.19.]
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Past Trades
Credit Spread, SPY