Trade Closed : RUT

Stock / Symbol: Russell 2000 / RUT

Option Strategy: iron condor
Trade entry date: Jul 17
Trade exit date: Jul 30
Price at trade entry: $799
Price at trade exit: 798.57

Analysis: Our GTC order to buy back the call spread portion of this trade was filled at a $0.15 debit back on Jul 23. Three minutes into trading this am, our GTC order to buy back the put portion was filled for a debit of $0.15. This gives us a 6.6% return (pre-commission) on the trade in two weeks, with RUT essentially at the same price. If you're not out of the trade yet, enter a GTC order to close the entire trade for a debit of $0.30 per contract. Be sure to closely adhere to our suggested stops. [/private_monthly]

Closing Trade Details (if you're not already out):
BTC -1 RUT Aug12 855 call
STC 1 RUT Aug12 865 call
STC 1 RUT Aug12 690 put
BTC -1 RUT Aug12 700 put
for a max net debit of $0.30 per contract (GTC, limit order)

Max Risk: $910
Max Reward: $90 or 9.9% between $700 and $855 by Aug 17
Profit Range: $699.10 to $855.90 by Aug 17
Suggested Upside stop: @ $825
Suggested Downside stop: @ $745 (moved up from $734)
Realized Profit / Loss: $60 or 6.6% (pre-commission)

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