NaughtyPines

LAYERING ON: MAR 24TH RUT/IUX 945/955/1070/1080 IRON CONDOR

RUSSELL:RUT   RUSSELL 2000 INDEX
Layering on to my existing Mar 24th IUX/RUT Iron Condor with this little number:

March 24th RUT 945/955/1070/1080
Probability of Profit: 63%
Max Profit: $330/contract
Buying Power Effect: $670/contract

Notes: I'd ordinarily go out to April, but I have a preexisting March 24th setup on and have a little bit more unused buying power and less theta on than I'd ordinarily like. Plus, I just don't feel like going out to April with a ton of stuff yet. I actually looked at layering on another SPY             iron condor on top of the one I put on yesterday, but price hasn't moved enough yet ... . With this particular "discretionary" setup, I won't chase price; if it fills, it fills; if it doesn't, I'll look at it again some other day.
Comment: Filled for $3.30.
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