***Closed***SPY iron condor initiated on 16 Nov 2010
November 16th, 2010
16 Nov 2010: Initiate Trade
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 16 Nov 2010
Trade Type: Low Probability, High Reward Iron Condor
Trade Summary
16 Nov 2010
SPY at 117.92 (–2.11)
31 days to expiration
Action: Sell a new iron condor for Dec expiration.
Sell to open SPY Dec 122 Call
Buy to open SPY Dec 124 Call
Sell to open SPY Dec 115 Put
Buy to open SPY Dec 113 Put
For a net price of $0.98 credit or better.
Net margin required: $102 per entry
