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Friday, July 19, 2013

Apple Iron Condor

6/3/2013

all July options

buy 10 $525 call
sell 10 $520 call
sell 10 $390 put
buy 10 $385 put

Credit received:  $0.58 ($580)


7/19/2013 (expiration Friday)

AAPL closed at $424.95, so my iron condor options expired "worthless"

Gross profit in 7 weeks:  $580

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