Adjust: UAUA (United Airline) convert to Iron Condor

You can view the opening trade here.

Here's the addition of a Bear Call Spread: Mar 40/45 +.65

So now we have an Iron Condor! I like this approach better then just opening an Iron condor from the beginning.

MdrNate

PS You can view Insanemoney's trade here.

This entry was written by Mr Nate and posted on Friday, February 22, 2008 and filed under Bookmark the permalink . Follow any comments here with the RSS feed for this post . Post a comment ( in a new window )

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