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Archive for June, 2010

***Closed***SPY Iron Condor initiated on 25 May 2010

June 17th, 2010

17 June 2010: Close call spread

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 25 May 2010

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

17 Jun 2010

SPY at 111.34 (-0.631)
1 day to expiration

Action: Close call spread

Buy to close SPY Jun 110 Call
Sell to close SPY Jun 112 Call

For a net price of $1.40 debit or better.
Profit or Loss: -$17 per entry.

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Past Trades ,

***Closed***RUT Iron Condor initiated on 25 May 2010

June 14th, 2010

14 June 2010: Close Trade

RUT (Russell 2000 Index) Iron Condor initiated on 25 May 2010

Trade Type: High Probability, Low Reward Iron Condor

Trade Summary

14 Jun 2010

RUT at 660.59 (+11.59)
3 days to June expiration

Action: Close trade

Buy to close RUT Jun 700 Call
Sell to close RUT Jun 710 Call
Buy to close RUT Jun 560 Put
Sell to close RUT Jun 550 Put

For a net price of $0.30 debit or better.
Profit or loss: +$185 per entry

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Past Trades ,