MarketNeutralOptions.com

15 Sep 2009: Close Call Spread

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 25 Aug 2009

Trade Type: Low Probability, High Reward Iron Condor (ETF iron condor)

Trade Summary

15 Sep 2009

SPY at 105.70 (+0.42)
3 days to expiration

Action: Close call spread.

Buy to close SPY Sep 106 Call
Sell to close SPY Sep 108 Call

For a net price of $0.48-0.49 debit or better.
Profit or Loss: +$47 per entry

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Past Trades

15 Sep: Close entire trade

RUT (Russell 2000 Index) Iron Condor initiated on 27 Aug 2009

Trade Type: High Probability, Low Reward Iron Condor

Trade Summary

15 Sep 2009

RUT at 602.41 (+2.38)
2 days to Sep expiration

Action: Close call spread (close entire trade).

Buy to close RUT Sep 610 Call
Sell to close RUT Sep 620 Call

For a net price of $1.85-1.90 debit or better.
Profit or Loss: +$15 per entry.
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Past Trades Iron Condor, RUT