APR spy condor (+$144 on $800 margin) +18%

3/05/08
sold -3 vertical APR PUT 118/115 @.25 (mark 133.71)
sold -3 vertical APR CALL 145/148 @.27
.52 credit 2.48 margin X 3 contracts
124/142 are the 20 delta strikes to adjust on.
dont risk more than 1.5 to 2x the max credit on trade. take profits/tighten the noose at 60% of credit.

3/10/08
btc +3 vertical APR CALL 145/148 @.06 (mark 128.98)
net gain +.21 X (3) contracts
3/10/08
sold -3 vertical APR CALL 141/144 @.21 (mark 127.81)

3/20/08
sold -1 vertical APR CALL 140/141 @.21 (mark 132.58)
sold -1 vertical APR PUT 127/126 @.21

3/31/08 (mark 131.89)
btc +3 vertical APR PUT 118/115 @.09
3/05/08 original credit .25
net gain +.16 x (3) contracts

btc +1 vertical APR PUT 127/126 @.21
3/20/08 original credit .21
net gain 0.00 (1) contract

btc +1 vertical APR CALL 140/141 @.09
3/20/08 original credit .21
net gain +.12 (1) contract

btc +3 vertical APR CALL 141/144 @.14
3/10/08 original credit .21
net gain +.07 x (3) contracts

Total Trade Reconcile
+ $144 on $744 margin = +18%