RUT December Iron Condor Closed.
The slight pullback today allowed us to exit the December Iron Condor on RUT for target. Closing details are below:
- BOUGHT RUT December 1330 Call, 12.50 Debit.
- SOLD RUT December 1380 Call, 1.35 Credit.
- BOUGHT RUT December 1290 Put, 10.65 Debit.
- SOLD RUT December 1240 Put, 2.95 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $18.85 (all four legs)
- SOLD RUT December 1380 Call.
Net Credit to close Call: $1.20.
This closing resulted in a gain of $250, 5% of the gross margin and our target for the position.
As always, stay keen on your risk management and trade carefully,