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Archive for February 17th, 2011

***Closed***SPY (Standard & Poors Dep Rec) Iron Condor initiated on 19 Jan 2011

February 17th, 2011

17 Feb 2011: Close call spread

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 19 Jan 2011

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

17 Feb 2011

SPY at 134.08 (+0.218)
1 day to expiration

Action: Close call spread.

Buy to close SPY Feb 131 Call
Sell to close SPY Feb 133 Call

For a net price of $1.91 debit or better.

Profit or Loss: -$96 per entry

Past Trades ,