MarketNeutralOptions.com

14 Dec 2009: Close Trade

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

Trade Type: High Probability, Low Reward Iron Condor

Trade Summary

14 Dec 2009

RUT at 604.4 (4.06)
3 days to Dec expiration

Action: Close trade

Buy to close RUT Dec 630 Call
Sell to close RUT Dec 640 Call
Buy to close RUT Dec 530 Put
Sell to close RUT Dec 520 Put

For a net price of $0.25-0.30 debit or better.
Profit or Loss: +$190 per entry

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Past Trades Iron Condor, RUT

14 Dec 2009: Close Trade

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 24 Nov 2009

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

Trade Summary

14 Dec 2009

SPY at 111.63 (0.50)
4 days to expiration

Action: Close trade

Buy to close SPY Dec 113 Call
Sell to close SPY Dec 115 Call
Buy to close SPY Dec 108 Put
Sell to close SPY Dec 106 Put

For a net price of $0.34-0.35 debit or better.
Profit or Loss: +$58 per entry

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Past Trades Iron Condor, SPY