RUT November Iron Condor closed for target.
Today's quiet open brought RUT into the target zone and the position was closed; details are below:
Closing Order Executed:
- BOUGHT RUT November 1510 Call, 17.25 Debit.
- SOLD RUT November 1560 Call, 2.25 Credit.
- BOUGHT RUT November 1510 Put, 18.80 Debit.
- SOLD RUT November 1460 Put, 6.00 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $27.80 (all four legs)
- SOLD RUT November 1590 Call.
Net Credit to close Call: $.65
Today's closing represented a net gain (before commissions) of $255, +5% and 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,