Stock / Symbol: Russell 2000 / RUT
Option Strategy: [private_monthly]iron condor[/private_monthly]
Trade entry date / price at trade post: Apr 17 / $905
Price at this post: $970
Current Position:
Short -1 RUT May13 970 calls
Long 2 RUT May13 980 calls
Reasoning: While the market may finally pull back next week, it's too risky to keep this trade on. Closing it out here. .
Trade Details:
BTC -1 RUT May13 970 calls
STC 2 RUT May13 980 calls
for a max net debit of $1.10 per contract. (day order, limit order). Try for the mid plus $0.10. The mid is currently at $0.85
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