RUT February Iron Butterfly Closed.
The quiet open this morning allowed us to exit the February Iron Butterfly for target. Closing details are below:
- BOUGHT RUT February 1360 Call, 17.15 Debit.
- SOLD RUT February 1410 Call, 2.50 Credit.
- BOUGHT RUT February 1360 Put, 26.60 Debit.
- SOLD RUT February 1310 Put, 10.00 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $31.25 (all four legs)
- SOLD RUT February 1460 Call.
Net Credit to close Call: $.30.
This closing resulted in a gain of $265, 5.3% of the gross margin and our target.
As always, stay keen on your risk management and trade carefully,