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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 Iron Condor, SPY

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

Past Trades, Uncategorized Iron Condor, SPY