Condor Options

We’re closing our KO Sep/Oct 57.5 put calendar for a 26.4% return on capital risked, with the following order:

Day limit order
Buy to close 4 KO Sep 57.5 puts
Sell to close 4 KO Oct 57.5 puts
for a net credit of $0.67 or better.

Note that the 4 contracts specified above represent our entire position in this trade, leaving us with only the 57.5/60 double-calendar still open.

*NOTE: As a Supplemental Trade, this trade is optional and is primarily intended for more experienced/risk-tolerant subscribers. It will not be autotraded, and it has no bearing on our core newsletter portfolio. Of course, anyone who did not enter this position initially would not place the above closing order.