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Archive for December 9th, 2009

***Closed***IWM iron condor initiated on 25 Nov 2009

December 9th, 2009

9 Dec 2009: Close Trade

IWM (iShares Trust Russell 2000 ETF) Iron Condor initiated on 25 Nov 2009

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

9 Dec 2009

IWM at 59.53 (+0.08)
9 days to expiration

Action: Close trade

Buy to close IWM Dec 61 Call
Sell to close IWM Dec 63 Call
Buy to close IWM Dec 58 Put
Sell to close IWM Dec 56 Put

For a net price of $0.60-0.61 debit or better.
Profit or Loss: +$34 per entry

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