RUT August 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 August 1450 Call, 6.20 Debit.
- SOLD RUT August 1500 Call, .45 Credit.
- BOUGHT RUT August 1430 Put, 15.81 Debit.
- SOLD RUT August 1380 Put, 4.90 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $16.66 (all four legs)
- SOLD RUT August 1500 Call.
Net Credit to close Call: $.25.
Today's closing represented a net gain (before commissions) including adjustments of $259, our target gain for the trade.
As always, stay keen on your risk management and trade carefully,