Closing Trade : IWM

Stock / Symbol: iShares Russell 2000 Index / IWM

Option Strategy: bull put spread
Trade entry date: Nov 16
Price at trade entry: $76.90
Price at trade exit: $79.12

Reasoning: Up 7.5% (pre-commission) one full day into the trade, have to take profits. May look at a new iron condor on IWM tomorrow.

Closing Trade Details:[private_monthly]

BTC -5 IWM Dec12 72 puts
STC 5 IWM Dec12 69 puts
for a max net debit of $0.15 per contract (GTC, limit order). I got filled at $0.14 during the last minutes of trading today.

Max Risk: $1330
Max Reward: $170 or 12.8% at $72+ by Dec 21
Profit Range: $71.70 + by Dec 21
Suggested Downside stop: @ $73.5
Realized Profit / Loss: $70 or 5.2% (post-commission)

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