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%

APR aapl +-verticals (+11% or +$140)

3/04/08
bot +2 vertical APR 130/135 CALL @1.51 (mark 122.32)
sold -2 vertical APR 100/95 PUT @0.56
total margin 5.95 (2)

3/12/08
stc -2 vertical 130/135 @1.92 (+.41)
btc +2 vertical 100/95 @0.27 (+.29)
total profit +.70 (2 contracts)= + $140

The greeks are neutral for vega and gamma, theta is positive and delta is positive 25 (biased bullish)
plan to risk 150 to make 150 total on trade.
If stock gaps I risk a greater loss, but AAPL is beaten up and I believe the gap up is a better possibility.