RUT October Iron Condor Closed.
The rather mellow morning today allowed us to exit the October Iron Condor on RUT for target. Closing details are below:
- BOUGHT RUT October 1260 Call, 11.70 Debit.
- SOLD RUT October 1310 Call, .65 Credit.
- BOUGHT RUT October 1240 Put, 14.55 Debit.
- SOLD RUT October 1190 Put, 4.30 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $21.30 (all four legs)
- SOLD RUT October 1315 Call.
Net Credit to close Call: $.40.
This closing resulted in a gain of $260, 5.3% of the gross margin and our target.
As always, stay keen on your risk management and trade carefully,