Condor Options

Now that we’ve been filled on the 57.5 single-calendar we’re closing the remaining double-calendar for a 19.7% return on capital risked:

Day limit order
Buy to close 2 KO Sep 60 calls
Sell to close 2 KO Oct 60 calls
Buy to close 2 KO Sep 57.5 puts
Sell to close 2 KO Oct 57.5 puts
for a net credit of $0.91 or better.

Note that the 2 contracts specified above represent our entire position in this trade. We no longer have any open position in KO.

*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. Again, naturally, anyone who did not enter this position initially would not place the above closing order.