I am out

I'm out of the double diagonal for +.85 I paid +.10 for a net gain of $75 less the commissions of $12 and it gives me a profit of $63.

Life is Good

Entered Double Diagonal

I entered the SPX SEP2 13/SEP1 13 1720/1600/1700/1620 CALL/PUT/CALL/PUT double diagonal for a debit of $10. That is a margin amount of  $2000 plus the debit of $10. for a trade cost of  $2010.

Risk Graph

I have a goal of $75 and a max loss of $225. and will end the trade by the end of Friday 8/30.

Peace

8/20/13 Sold the double diagonal

Exited the Double diagonal today for $2010.for a profit of $130 less the $12 of commissions total $118.

Entered an SPX double diagonal  My trade confirmation reads:    BOT +1 DBL DIAG SPX 100 (Weeklys) SEP1 13/AUG5 13 1720/1600/1700/1620 CALL/PUT/CALL/PUT @-1.20 CBOEMARK=1659.20 IMPL VOL=14.34%  weekly options and cost $1880. The goal is $125. and the Max loss is $375.

Risk Graph

We are looking to be out of this trade by August 22, 2013.

Peace