Another trade I was in before starting the blog, I want to post the results and will update you:

On 1/11 I got into an Iron Condor Feb 165/170 & Feb 130/125 for a credit of +1.40

Then on 1/22 I rolled the Feb 165/170c to Feb 150/155c for a credit of +.51 = this made our total credit +1.91 (This is the upper leg of the Iron Condor, since it did a major bearish move on us we brought in some money)

I sold the entire trade for a debit of .06, so 1.91 - .06 = 1.85, this is my total profit.

Total profit of 1.85 per contract. 1.85 divided by 3.15 = 0.587 which is 59%

Sweet bowl of chicken!

Thanks Mojo!

MdrNate