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Posts Tagged ‘Iron Condor’

IWM iron condor initiated on 2 Mar 2010

2 March 2010: Initiate Trade

IWM (iShares Trust Russell 2000 ETF) Iron Condor initiated on 2 March 2010

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

2 Mar 2010

IWM at 64.85 (+0.59)
17 days to expiration

Action: Sell a new iron condor for Mar expiration.

Sell to open IWM Mar 65 Call
Buy to open IWM Mar 67 Call
Sell to open IWM Mar 63 Put
Buy to open IWM Mar 61 Put

For a net price of $0.95-0.96 credit or better. [All TOS autotrade participants were filled at $0.96 credit.]
Net margin required: $105 per entry

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SPY iron condor initiated on 23 Feb 2010

23 Feb 2010: Initiated Trade

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 23 Feb 2010

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

23 Feb 2010

SPY at 109.76 (-1.40)
24 days to expiration

Action: Sell a new iron condor for Mar expiration.

Sell to open SPY Mar 112 Call
Buy to open SPY Mar 114 Call
Sell to open SPY Mar 107 Put
Buy to open SPY Mar 105 Put

For a net price of $0.98-99 credit or better.
Net margin required: $102 per entry

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