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Old 07-02-2009, 01:09 PM   #70
Recycles dryer sheets
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Join Date: Mar 2008
Location: east of Denton
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Trades for your analyzing pleasure.

June 30 - sold 4 contracts RUT August 570/580 bear call spread. $0.92 credit

4 contracts - net credit of $346.05 after commissions.

Margin set-aside should have been $4000-$346.05=$3653.95 or somewhere in that range.

Gain of 9.4% - 4.7% per month

Today sold 4 contracts of RUT August 430/420 bull put spread to create an iron condor. $1.10 credit - net credit of $418.05 - NO margin set-aside.

$346.05 + $418.05 / $3653.95 = 20.9% gain - 10.45% per month

So as long as the RUT stays between 430 and 570 by the third Friday in August I'm good. I apologize ahead of time for not rooting for a big rally...
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