That is all.
Thank you Russell 2k for falling again today. 46 pts. TNAPS is officially dead. Thanks to all my followers for watching.
Lower leg of March RUT Iron Condor spread closed opened on 3/16 was a 730/740. RUT was trading around 780 (but there was a lot of volatility in the market due to the unfortunate situation in Japan.
Close March RUT Spread
- Sell 730 Puts @ .95
- Buy 740 Puts @ 1.20
* Net Debit: $.25 per share or $25 per contract (each contract is 100 shares)
Profits booked for this month, and we’ll look forward to April’s Iron Condor.
Note: I also sold another 730 / 740 spread at .20 cents on 3/16. didn’t actually think it would execute.
The RLS Closed at 838.2. I did not get out of my upper leg and experienced a substantial loss.
Net Credit $155 per contract – $820 loss per contact = $665 net loss per contact. Ouch!
Its been 5 years since the last post, but the time has finally come. This is what everyone has been waiting for!….Well, maybe not. At any rate, we can get back to posting nonsense that will make your brain turn into mush.
After being massively lazy for far too long, we’ve finally started updating TFS again.
Step 1 is, of course, to actually enable us to post again.
Many more cool things to come.