Iron Condor in RUT Home › Forums › Income Trades › Iron Condor in RUT This topic has 1 reply, 1 voice, and was last updated 9 years, 1 month ago by Steven Place. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts May 7, 2014 at 1:28 pm #2158 Steven PlaceKeymaster Going to stick on a set of Iron Condors in Jun Options: Sell to Open RUT Jun 980/970 put spread for 0.70 Sell to Open RUT Jun 1180/1190 call spread for 0.85 Net credit: 1.55 … you can get better fills than those if you work the trade. Looking to capture 50% of the credit or better. Adjust at 1150 or 1020. May 14, 2014 at 8:55 am #2159 Steven PlaceKeymaster Going to close out here a little early simply because this has too many short deltas and a squeeze higher would wipe out profit potential. Pulling out about 6% for a 10 day hold, so not that bad. If the RUT pops up again I’ll look at another round of Jun iron condors. Author Posts Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In