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***Closed***SPY iron condor initiated on 29 Dec 2009

January 6th, 2010

6 Jan 2010: Close Trade

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 29 Dec 2009

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

6 Jan 2010

SPY at 113.65 (+0.03)
9 days to expiration

Action: Close trade

Buy to close SPY Jan’10 114 Call
Sell to close SPY Jan’10 116 Call
Buy to close SPY Jan’10 111 Put
Sell to close SPY Jan’10 109 Put

For a net price of $0.87-0.88 debit or better.

Profit or Loss: +$12 per entry

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Past Trades