July RUT Iron Condor and June Close

The June Bull Put 735/740 and Bear Call 885/890 Russell 2000 Iron Condor expires worthless and we experience max profit.

July Spread

Buy 700 Puts @ 2.55
Sell 710 Puts @ 3.25
Sell 860 Calls @ .52
Buy 870 Calls @ .32

  • Net Credit: $.90 per share or $90 per contract (each contract is 100 shares)
  • $1000 margin requirement per contract
  • $90 / $1000 = 9% return on investment
  • Total potential loss of $910 ($1000-$90) per contract