RUT September 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 September 1390 Call, 11.10 Debit.
- SOLD RUT September 1440 Call, 1.05 Credit.
- BOUGHT RUT September 1370 Put, 17.71 Debit.
- SOLD RUT September 1320 Put, 4.90 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $22.86 (all four legs)
- SOLD RUT September 1460 Call.
Net Credit to close Call: $.30.
Today's closing represented a net gain (before commissions) including adjustments of $309, +6% and slightly above our target gain for the trade.
Thanks to our subscriber David for bringing this to my attention earlier this afternoon, I had a software glitch that had some incorrect pricing.
As always, stay keen on your risk management and trade carefully,