17 July 2009: Options expired worthless
RUT (Russell 2000 Index) Iron Condor initiated on 22 June 2009
Trade Type: High Probability, Low Reward Iron Condor
Trade Summary
17 July 2009
RUT at 519.22
-1 days to Jul expiration
Action: Do nothing, let remaining options expire worthless.
Profit or loss: +$60 per entry.
13 July 2009: Close trade
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 23 June 2009
Trade Type: Low Probability, High Reward Iron Condor
Trade Summary
13 Jul 2009
SPY at 88.76 (+0.79)
4 days to expiration
Action: Close entire iron condor to lock in profit.
Buy to close SPY Jul 93 Call
Sell to close SPY Jul 95 Call
Buy to close SPY Jul 86 Put
Sell to close SPY Jul 84 Put
For a net price of $0.27-0.28 debit or better. [All TOS autotrade participants were filled at $0.28 debit.]
Profit or Loss: +$63 per entry.
