***Closed***SPY iron condor initiated on 31 July 2009
August 17th, 2009
17 Aug: Closed iron condor (ETF iron condor)
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 31 July 2009
Trade Type: Low Probability, High Reward Iron Condor
Trade Summary
17 Aug 2009
SPY at 98.55 (-2.25)
4 days to expiration
Action: Close entire trade to lock in profit.
Buy to close SPY Aug 101 Call
Sell to close SPY Aug 103 Call
Buy to close SPY Aug 95 Put
Sell to close SPY Aug 93 Put
For a net price of $0.38 debit or better.
Profit or Loss: +$53 per entry