new trade

Initiated iron condor trade on CME: Sept05 250/260/350/360 for a credit of $1.80. After reading financials looks like profits are just going to keep growing with the strong economy. So i put a 50 point cushion to the upside, and 40 points to the downside. Probably won't start seeing real gains on this position until september, but when it hits the $1.40 mark i'm going to take profit. When's the last time your bank gave you 14% on a $1000 in 2 months. Not bad.