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gtober

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gtober

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Re: None

Wednesday, 04/16/2008 1:09:15 PM

Wednesday, April 16, 2008 1:09:15 PM

Post# of 261
IWM iron condor.

May put spread.

Buy May $66 and write May $67 put. Net gain objective of $0.20.

May call spread.

Buy May $75 and write May $74. Net gain objective of $0.24.

Total collected premium of $0.44. Total potential loss of $0.56 ($1.00-$0.44)
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