RUT price has traded in a narrow range so I was able to let my last contract expire worthless. Overall this was a nice trade with little movement.
5/12 STO 3 RUT JUN 570/580 Call $0.80
5/12 STO 3 RUT JUN 410/400 Put $0.85
6/3 BTC 2 RUT JUN 570/580 Call $0.50
6/3 BTC 2 RUT JUN 410/400 Put $0.12
6/19 expire worthless 1 RUT JUN 570/580 Call
6/19 expire worthless 1 RUT JUN 410/400 Put
Total realized profit is $371
Total risk was $2505
14.8% ROI
Saturday, June 20, 2009
RUT Iron Condor Hi Prob June Update #2
Wednesday, June 17, 2009
Triple Calendar on SPY (Circus Calendar) Update #2
SPY trade was great this month. Price has landed very close to the 91 strike.
5/19 BTO 4 SPY Jun/Jul 97 Call for $.70
5/19 BTO 4 SPY Jun/Jul 85 Put for $.94
5/19 BTO 4 SPY Jun/Jul 91 Put for $1.12
6/3 STC 2 SPY Jun/Jul 97 Call for $1.00
6/3 STC 2 SPY Jun/Jul 85 Put for $1.02
6/3 STC 2 SPY Jun/Jul 91 Put for $1.47
6/17 STC 2 SPY Jun/Jul 97 Call for $0.66
6/17 STC 2 SPY Jun/Jul 85 Put for $1.02
6/17 STC 2 SPY Jun/Jul 91 Put for $1.87
Total profit is $304 on $1104 risk for a nice 27.5% ROI
Wednesday, June 03, 2009
RUT Iron Condor Hi Prob June Update #1
The likelihood of this IC reaching max profit is very high however this time to take some profits and not get too greedy. Original position was a 3 contract IC. Will remove 2 contracts today.
BTC 2 RUT JUN 570/580 Call $0.50
BTC 2 RUT JUN 410/400 Put $0.12
Total realized profit is $203.
Triple Calendar on SPY (Circus Calendar) Update #1
SPY has stayed in a nice range for the last few weeks. Its time take some profits off the table. The original position was a 4 contract triple calendar. Will only close half the position to capture some profits. Will let the remain contracts earn some more time decay before closing.
STC 2 SPY Jun/Jul 97 Call for $1.00
STC 2 SPY Jun/Jul 85 Put for $1.02
STC 2 SPY Jun/Jul 91 Put for $1.47
Total realized profited so far is $146