Trade Log: Russell 2000 (RUT) September Iron Condor – Adjustment
View the original trade here. Made the following adjustment today:
Bot RUT SEP 680/690 at $0.25
Bot RUT SEP 845/855 at $2.10
Sold RUT SEP 730/740 at $0.77
Sold RUT SEP 860/870 at $0.95
The new position is a RUT SEP 730/740/860/870 IC with a credit of $1.72. The target profit for this position is $1.37. Subtracting the -$0.20 loss on the original position results in a target profit of $1.17 or a 14.1% return on risk.
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