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Archive for August 20th, 2010

***Closed*** SPY iron condor initiated on 20 Aug 2010

August 20th, 2010

20 Aug: Initiate Trade

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 20 Aug 2010

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

20 Aug 2010

SPY at 107.15 (-0.74)
28 days to expiration

Action: Sell a new iron condor for Sep expiration.

Sell to open SPY Sep 111 Call
Buy to open SPY Sep 113 Call
Sell to open SPY Sep 104 Put
Buy to open SPY Sep 102 Put

For a net price of $0.99 to $1.01 credit or better. [All TOS autotrade participants were filled at $0.99 credit.]
Net margin required: $101 per entry

Past Trades ,