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
