October 2014 N225 Iron Condor

On 12-Aug, I sold an N225 Iron Condor 13250/13500/16500/16750 when N225 was at 15145.33.

Details:

Buy N225 October 16750 Call at 26 (Delta: 0.0776)

Sell N225 October 16500 Call at 40 (Delta: 0.1012)

N225 at 15145.33 (~1355 points upside; 1645 points downside)

Sell N225 October 13500 Put at 65 (Delta: 0.0875)

Buy N225 October 13250 Put at 50 (Delta: 0.0587)

Credit received : 29 (JPY 29,000, before commission)

Max risk: 221 (JPY 221,000)

Days to expiration (DTE): 59

Below is the chart at close of 12-Aug:

Related Posts:

Sep-1: Close October 2014 N225 Put Spread of Iron Condor

Sep-19: Close October 2014 N225 Call Spread of Iron Condor

Credit received : 29 (JPY 29,000)

Credit paid : 59 (JPY 59,000)
Loss : 30 (JPY 30,000), 103% of Credit
Margin : ~JPY 100,000 for full Iron Condor
Return On Margin (ROM) : 30% 
Days on Trade : 39