This trade is now open for viewing/reading to broad OP readers.
After playing speculative strategies during the last 2 week of earning season, I am back to my bread-n-butter strategy. In this Iron Condor, I am selling the RUT March 850 calls and 760 puts and buying the March 860 calls and 750 puts for a [...]
Another successful option Iron Condor on Russell 2000 (RUT). I decided to buy back my bear call credit spread of $830/840 for $0.25 and release the margins. This bring my obverall profit from this trade which I originally initiated from past sevral months (find this link for 1st trade) are 88% and for the new feb trade (click [...]
OP Readers,
3 Cheers. I took advantage of today’s brief rally and bought back my put leg (740/750) for $0.20 cents instead of waiting and letting it expire worthless. With this I have closed my Jan’07 RUT trade and I collected $310-$15-$20=$275 by risking $690 per leg. This resulted in 39.8% profit for this IC.
Here is the transaction detail:
iron [...]
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