Wednesday, June 24, 2009

06/23 RUT 30-Day Condor

RUT took a hit on P&L, We need it to move back up for a recovery. I have contingent orders to cut the deltas if we reach the 480 level. I want to close the CALL side, I have already closed 1 spread and may close a few more if I get a decent price. It is far out of the money, but we never know..

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