With just 13 days remaining to expiration the 2 Bull Put filled trades are still way out of the money now and should easily expire worthless with short option strike prices 288 and 97 points away from the current index values.
Two new trades were emailed this weekend and both are conservative and safe:
1) The NDX 25 point Bear Call spread completes an NDX Iron Condor trade so now our total return is 6.6%. A big benefit of getting this Bear Call order filled next week, assuming you have the Bull Put trade filled, is that the option brokers will not require any additional margin.
1) The RUT 10 point Bull Put spread trade safe and has a 3.6% return for just 13 days. RUT Bear Call spreads are risky with small premiums so I will not be able to complete an Iron Condor trade on this index this month.
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