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Showing posts with label DIA Aug 2013 iron condor. Show all posts
Showing posts with label DIA Aug 2013 iron condor. Show all posts

Friday, August 16, 2013

Diamonds (DIA) "Iron Condor"

7/5/2013

buy 10 August 2013 $154 call options at $0.98
sell 10 August 2013 $153 call options at $1.35
sell 10 August 2013 $149 put options at $2.19
buy 10 August 2013 $148 put options at $1.87

Received $690.

8/16/2013 (expiration)

DIA closed at $150.50!  Sweet!

Gross profit:  $690

Return on capital:  690/1000 =  approx. 69% in 6 weeks!

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