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Archive for February 16th, 2010

***Closed***SPY iron condor initiated on 29 Jan 2010

February 16th, 2010

16 Feb 2010: Close Trade

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

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

16 Feb 2009

SPY at 109.15 (+1.11)
3 days to expiration

Action: Close trade.

Buy to close SPY Feb 111 Call
Sell to close SPY Feb 113 Call
Buy to close SPY Feb 105 Put
Sell to close SPY Feb 103 Put

For a net price of $0.25-0.27 debit or better.
Profit or Loss: +$66 per entry

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