[Follow-up on Closing Call Side of Condor on Russell 2000 (RUT)]
Dear Member:
While my call positions are now closed on my May condor on RUT, it is important to note that RUT is above 730 and the last day to trade those options is tomorrow so, from my personal point of view, it was/is important to close both legs (selling to close the May 740 calls - RUTEH and buying to close the May 730 calls - RUTEF) even with a market order) to attempt to minimize the loss.
Sincerely,
Bill Kraft
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