RUT March Iron Butterfly Closed for Target; 4 Day Trade.

Today's market action allowed us to exit the March RUT Iron Butterfly for target after only 4 days in the trade this cycle. Closing details below:

- BOUGHT RUT March 1400 Call, 18.00 Debit.

- SOLD RUT March 1450 Call, 3.45 Credit.

- BOUGHT RUT March 1400 Put, 26.60 Debit.

- SOLD RUT March 1350 Put, 9.75 Credit.

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

Net Debit to Close Iron Condor: $31.40 (all four legs)

- SOLD RUT March 1550 Call.

Net Credit to close Call: $.40.

This closing resulted in a gain of $250, 5.0% of the gross margin and our target for the trade.

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

Dot Hazlin