Sunday, April 21, 2013

New IWM Double Calendar and DIA Iron Condor

Dear fellow option traders,

On 10/4/13, the S&P 500 closed at a record high of 1,587.73 - eclipsing the record reached on March 28, when it climbed above the Oct 9, 2007, milestone of 1,565.15. It has since drifted down to 1555.25 points on 19/4/13.

Here are the 2 new positions established on 19/4/13 :


Sold 8 contracts of DIA Iron Condor. Capital outlay = $1,088. Possible credit = $512.





Bought 8 contracts of IWM Double Calendar. Capital outlay = $1,432. Possible credit = $1,111.

Yours Truly,

Tony Chai
P.S. You can test drive one of the latest iron condor course here!

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