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
A free collection of entry and exit signals to help the trader decide when to be long or short, or ride the sideway waves
Friday, April 11, 2014
2014/04/11 new RUT Iron Condor - monthly income trade
Labels:
Benklifa,
income trade,
iron condor,
monthly,
RUT
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