RUT jan (40 day) Condor (+5%)

12/10/07
sold -2 verticle RUT Jan 08 880/890 CAll @.54 (mark 791.76)
sold -2 verticle RUT Jan 08 700/690 PUT @.90
adjustment points 740 & 840 (approx 20 delta strikes)
both of the shorts were placed at approx 10 deltas.

12/14/07
btc (2) veritical RUT JAN 08 880/890 CALL @.08 (mark 753.72)
original credit: .54
Total credit for CALL side: .46

12/18/07
btc (1) verticle RUT Jan 08 700/690 PUT @2.05 (mark 744.86)
original credit: .90
debit for PUT 1.15

Still holding 1 contract of 700/690 PUT

Placed a stop order in for this PUT verticle at 2.65, don't want to loose more than $200 on this condor.

12/24/07
btc the remaining put verticle 700/690 PUT for .20
original credit: .90
profit .70

Condor P/L
.46 (2)credit
1.15 (1)debit
.70 (1 credit
.47 total credit from trade
8.56 margin / .47 credit = 5% rom