march spx condor complete

by Ryan Barr on January 25, 2006

in Investing, Options Trading

I was able to get a fill on a good trade to finish my March 2006 SPX Condor. Here are the details:

  • Mar 2006 SPX 1340 /1355 Call Spread; completing an Iron Condor
  • Sold 1340 Call & Bought 1355 Call
  • Opened: Sold on 1/25/2006 for $.60 Credit
  • Reason: This completes my trade from the 20th. I think this number is pretty safe. The SPX would have to go much higher than it has in the past 4 years or so to break through
  • Final position is a Mar 2006 SPX 1175/1190 1340/1355 Iron Condor
  • Total credit received $1.80
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