Below is a graph of the position just before our closing order triggered at approximately 11:45 Est. to buy back the spread for .20:
RUT June 2 Put Credit Spread just prior to closing
Our gain on this position was $80 before commissions, representing 8.9% of actual margin/risk and our target for the trade.
Position Update on SPX Iron Condor:
Below is a graph of the June Iron Condor (test kitchen trade) as of this writing
SPX June Iron Condor Update
This position is currently +$90, or 3.3% current margin. Our target for this position remains at $204.
A trade update will be posted as the trade progresses.
Stay keen on your risk management and trade carefully,