RUT May Income Trade closed- Profit 20%
8May2007 Filed under: Iron Condor and Past Performance Author: OptionPunditI closed the BCS leg of May RUT Income trade by buying May 860/870 BCS for $0.20. That delivers $1.65 over $7.95 margin i.e. 20.7% profit for roughly 4wks holding period. The last update to May income trade can be found here. My Jun RUT trades are also already in profit (3%), but those were shared with OP Newsletter subscribers only. I shall share here after May expiration.
Here is the screenshot of the trade:
Profitable trading, OptionPundit
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