June 2013 $RUT BullPut Spread

Yesterday I entered a RUT credit put spread using strikes 905/910

Rut 910/905 bull put spread in June for .50 credit. Now an Ic 905/910/1025/1030
— The Lazy Trader (@lazytrading) May 23, 2013

BUY 4 June 905 PUT
SELL 4 June 910 PUT

Credit: 0.50 ($200)
Max Risk: 4.50 ($1800)
Max return on risk: 11.11%
Days to expiration: 28

This spread now completes an Iron Condor when combined with the 1025/1030 Bear Call spread

Finally a chart of RUT at market close for future reference:

(Click on image to enlarge)

Check out track record for 2013

Relater Articles:
Weekend Portfolio Analysis (05-26-2013)
Weekend Portfolio Analysis (2013-06-02)
Weekend Portfolio Analysis (June 8, 2013)
Weekend Portfolio Analysis (June 14, 2013)

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