RUT December Iron Butterfly Closed.
Closing Order Filled as follows:
- CLOSED RUT December 1190 Call.
- CLOSED RUT December 1240 Call.
- CLOSED RUT December 1150 Put.
- CLOSED RUT December 1100 Put.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $13.78 (all four legs)
- CLOSED RUT December 1250 Call.
Net Credit to close Call: $35.
Gain (Loss) : Gain of $176.
This represented 3.5% of the gross margin/risk; not quite target for the trade but still a decent gain given the difficulty of the cycle for this position.
The next planned entry will be sometime the week of December 15 for the January cycle.
As always, stay keen on your risk management and trade carefully,