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Archive for June, 2009

***Closed***RUT Iron Condor initated on 26 May 2009

June 18th, 2009

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 ,

***Closed***Initiate SPY Call spread to leg-into an iron condor

June 1st, 2009

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 ,