$CF Sept Iron Condor On Pullback To Support

9/17/12
Taking today's pullback as an opportunity to roll these spreads out to October.

Trade:
BTC Sept 12 CF 185/180 bull put spreads for ($0.06-$0.04) x 100 x 5 lots = $10 debit vs. $225 credit = $215 profit
BTC Sept 12 CF 220/225 bear call spreads for ($2.69-$1.01) x 100 x 5 lots = $840 debit vs. $235 credit = $605 loss

9/4/12
With the stock pulling back to several points of support today, I opened a new iron condor on CF Industries.  The first is the horizontal support line at ~201, which coincides with the 50-day moving average, as well as the lower Bollinger band.

I'm keeping the put side also below support at 190, and the call side above the all-time highs at ~216.  Each side is also more than 3 full ATRs away.  Currently an 89% probability of success on the put side, and 85% on the call side.

Trade:
STO Sept 12 CF 185/180 bull put spreads for ($1.10-$0.65) x 100 x 5 lots = $225 credit received
STO Sept 12 CF 220/225 bear call spreads for ($1.15-$0.68) x 100 x 5 lots = $235 credit received
Net credit of $460