SOLD SPX MAY 20TH 1940/1945 SHORT PUT VERTICALSold a short put vertical here on this weakness to complete a May 20th SPX 1940/1945/2120/2125 iron condor.
The short call vert was filled for a $110 credit, and the short put vertical for $60, so the entire setup is worth $170/contract max profit.
I'll look to take off the whole thing at 50% max ... .
Shortputvertical
SOLD RUT/IUX APRIL 15TH 1075/1085 SHORT PUT VERTICALAfter buying back the short put vertical side of this short duration iron condor yesterday at 50% max, I'm resurrecting the short put side here to hedge against the possibility of further upside in the Russell.
The setup is rather tight, with a scant 20 strikes between my short options, but the model is telling me that the 1075/1085 short put vert has a 70%+ probability of profit for that expiry, so that's what I'm mechanically going with.
Filled for a 1.41 credit ($141/contract).
I'll look to take the entire setup off in profit or the wings one at a time ... .
BOUGHT TO CLOSE IUX/RUT APRIL 15TH 1025/1035 SHORT PUT VERTICALOy. That was quick. Out for 50% max profit. I'll look to add the short put side back in tomorrow ... .