RUT August Iron Condor Closed.

Earlier today we adjusted the RUT Iron Condor position to the upside by rolling out the call spreads 20 points. We were just able to exit the position before the weekend for just $5 shy of target, which we will accept as a gift. Closing details are below:

- BOUGHT RUT August 1230 Call, 10.00 Debit.

- SOLD RUT August 1280 Call, .85 Credit.

- BOUGHT RUT August 1210 Put, 12.10 Debit.

- SOLD RUT August 1160 Put, 3.20 Credit.

Closing order executed as a single order: BUY " Iron Condor" .

Net Debit to Close Iron Condor: $18.05 (all four legs)

- SOLD RUT August 1290 Call.

Net Credit to close Call: $.50.

This closing resulted in a gain of $245 (target $250), 4.9% of the gross margin.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin