***Closed***SPY Iron Condor initiated on 29 June 2010
July 16th, 2010
16 July: Close call spread
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 29 June 2010
Trade Type: Low Probability, High Reward Iron Condor
Trade Summary
16 Jul 2010
SPY at 107.37 (–2.305)
17 days to expiration
Action: Close call spread.
Buy to close SPY Jul 108 Call
Sell to close SPY Jul 110 Call
For a net price of $0.15 debit or better.
Profit or loss: +$81 per entry
Net margin required: $104 per entry
