Monday, March 31, 2008

CLOSE: POT Iron Condor +25.3%

On 3/13 I opened the vertical Apr 135/130 put with a credit of $1.07.
On 3/18 I added a BRCS Apr 180/185 call for a credit of $0.85.

My total credit was $1.92.

Today I have closed the trade out as seen below:
Bought APR 08 Iron Condor 180/185/135/130 CALL/PUT for a $1.14 debit.

(1.92-1.14) profit/ (5.00-1.92) risk = 0.78/3.08= 25.3% in 2 weeks

No comments: