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Archive for November 23rd, 2009

***Closed***RUT iron condor initiated on 19 Oct 2009

November 23rd, 2009

27 Oct 2009: Close Put Spread

RUT (Russell 2000 Index) Iron Condor initiated on 19 Oct 2009

Trade Type: High Probability, Low Reward Iron Condor

Trade Summary

27 Oct 2009

RUT at 589.1 (-4.58)
23 days to Nov expiration

Action: Close put spread.

Buy to close RUT Nov 570 Put
Sell to close RUT Nov 560 Put

For a net price of $2.50-2.60 debit or better. [All TOS autotrade participants were filled at $2.55.]

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Past Trades ,

***Closed***IWM iron condor initiated on 26 Oct 2009

November 23rd, 2009

23 Nov 2009: Options expire worthless

IWM (iShares Trust Russell 2000 ETF) Iron Condor initiated on 26 Oct 2009

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

23 Nov 2009

IWM at 58.59
0 days to expiration

Action: Do nothing, let remaining options expire worthless.

Profit or Loss: +$41 per entry, 40.6%.

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Past Trades ,