Today the following order triggered:
Bought RUT Bear Call Spread, 540/530 @ .15
This was a trade that I originally sold for .50, so we earned about 3% for the month on this leg, although this was just one leg of my multi-leg condors. If you read the multi-part series on how I trade Iron Condors you see how I leg in to the position and scale in over time. For FEB expiration I had two bullish legs on and three bearish legs on. So far all are profitable, although I still have one of the bullish legs on at 340/350. Overall, it should be a nice condor month. I'll provide results once we wrap it up.
Good Trading…
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