RUT JAN08 (50day) Condor (+14%)

12/3/07
Put placed at a 7 delta or 640 price (640/630 PUT @.62 credit)
adjust at 20 delta or 700 price
call placed at an 11 delta 860 price (860/870 CALL @.97 credit)
adjust at 20 delta or 830 price
84% probability trade
2 contract condor
total credit 1.59

12/11/07
bot +2 verticle RUT Jan08 640/630 PUT @.20 (mark 786.83)
initial sell of this 640/630 PUT verticle at .62
total credit from PUT .42

Still holding the Jan08 860/870 CALL @.97

12/17/07
bot +2 vertical RUT JAN 08 860/870 CALL @.20 (mark 746.52)
initial sell @.97
Total credit from CALL .77

Condor total credit 1.19 on 8.41 initial risk (14% ROR)
$238 for 2 contract trade!