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Archive for July 2nd, 2010

***Closed***RUT Iron Condor initiated on 22 June 2010

July 2nd, 2010

2 July 2010: Close put spread

RUT (Russell 2000 Index) Iron Condor initiated on 22 June 2010

Trade Type: High Probability, Low Reward Iron Condor

Trade Summary

2 Jul 2010

RUT at 598.33 (-6.43)
13 days to July expiration

Action: Close put spread.

Buy to close RUT Jul 600 Put
Sell to close RUT Jul 590 Put

For a net price of $4.20-4.30 Debit or better.
Profit or loss: -$200 per entry.

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