OPENING: GC1! DEC 26TH 1420/1430/1620/1630 IRON CONDOR

for a 2.40 credit.

Metrics:

Max Profit: $240
Max Loss: $760
Buying Power Effect on SPAN: ~$300
Break Evens: 1427.60/1622.40

Notes: Back to the /GC (59/14) well with a delta neutral iron condor with the shorties at the 16's. Looking for 1.20 out of this position (50% maximum).

Trade closed manually:

Covering here for 1.80 -- 25% max in 4 days with 63 days to go ... . I'll money, take, run ... .