Friday, April 11, 2014

2014/04/11 new RUT Iron Condor - monthly income trade

New income trade Wednesday Apr 11, 2014


Sold 2cts monthly May14 RUT Iron Condor mIC - 34 days left.

Monthly IC: 20 points wide wings , 170 points wide, Call delta 8, Put delta 16, vol=0.2311
Credit $670, Risk $3330, R/R Potential = 20%

SOLD -2 IRON CONDOR RUT 100 MAY 14 1210/1230/1040/1020 CALL/PUT @3.35 CBOE

Markets are down today, vol is (still) up nicely, ticks are moving up and I am expecting some short covering. We are still in the range 1080 - 1210 for the RUT, so I expect some sideways ups-n-downs in this range before the markets might take a more decisive move up or down. One more swing within this range and this RUT mIC might move in a profitable range ... let's see ;)  

For updates on this trade follow:  http://inoutsignal.blogspot.de/p/inoutoptions2.html



No comments:

Post a Comment