***Closed***SPY iron condor initiated on 26 July 2010
July 26th, 2010
18 Aug 2010: Close Trade
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 26 Jul 2010
Trade Type: Low Probability, High Reward Iron Condor
Trade Summary
18 Aug 2010
SPY at 110.155 (+0.575)
2 days to expiration
Action: Close iron condor for Aug expiration.
Buy to close SPY Aug 114 Call
Sell to close SPY Aug 116 Call
Buy to close SPY Aug 107 Put
Sell to close SPY Aug 105 Put
For a net price of $0.10 debit or better.
Profit or Loss: +$85 per entry