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« the rules save the day
working the tech stocks in june »

june 2006 rut position opened

Posted on May 22, 2006 at 10:52 pm         By Ryan in Options Trading | Disclaimer

Today I was about to get a pretty good fill on the bottom side of what will likely become an Iron Condor. The position is a June 2006 Bull Put Spread. Here are the details:

  • May 2006 RUT 660/650 Bull Put Spread
  • Sell 660 Put & Buy 650 Put
  • Filled for $1.00 Credit
  • ROI 10%

The market is still showing some weakness, so it I’ll keep an eye out and follow the rules as usual. I’ll also be on the lookout for a solid Bear Call Spread that I can put on later in the month. If I can’t find a trade that fits the criteria, I won’t put it on :)

Enjoy your week and trade smart!

Categories: Options Trading

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2009-01-06 15:54

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