RUT July Iron Condor closed for target.
Today's quiet trading action brought RUT into the target zone and the position was closed; details are below:
Closing Order Executed:
- BOUGHT RUT July 1430 Call, 9.80 Debit.
- SOLD RUT July 1480 Call, .75 Credit.
- BOUGHT RUT July 1410 Put, 12.35 Debit.
- SOLD RUT July 1360 Put, 3.20 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $18.20 (all four legs)
- SOLD RUT July 1480 Call.
Net Credit to close Call: $.65.
Today's closing represented a net gain (before commissions) including adjustments of $243, our target gain for the trade.
As always, stay keen on your risk management and trade carefully,