RUT Iron Condor (Feb’07, Closed for 88%, 23.38% Profit)

by OptionPundit on January 26, 2007

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 here to follow discussion on 2nd trade) are 23.38%. Profitable trading

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  1. RUT Iron Condor (Closed-profit 25.8%)
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  3. RUT Iron Condor (Mar’07, Closed for 23.2% Profit)
  4. RUT Iron Condor (Jun’07, Closed for 17% Profit)
  5. RUT Iron Condor (update-profit 27.6%)

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