CLOSE: UAUA Iron Condor -24%

On 2/7, I opened this trade as a bull put spread by selling Mar 30 put & buying Mar 25 put for credit of 0.85.

Then on 2/22 I turned it into an Iron Condor by adding a bear call spread to hedge myself by selling the Mar 40 call and buying the Mar 45 call giving me a total credit of $0.77.

0.85 (original credit) + 0.77 (today's credit)= $1.62 total credit
New max risk is 5.00 - 1.62 credit= $3.38

Today, this trade has gone against me so I closed it out for a $2.43 debit.

(1.62-2.43)/3.38= -24% loss in 1 month