Option Investor
Updates

NEW CPTI JULY POSITION

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Good Morning Crew,

With the RUT at about 732, I want to put on a partial position -- only 10 contracts instead of the usual 20.

Sell 10 July RUT 810 calls - RUZGB
Buy 10 July RUT 820 calls - RUZGD
Credit of about $.50 ($500)

This completes the Iron Condor for 10 of the 20 puts we've already put on for July 620/610 bull put spread. No additional maintenance should be required.

Trade smart and check the option symbols before trading.

Mike


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