Skewed Iron Condor - TOL

TOL:
Curve-fitting: goes up by 2/mo

  Long Mar 2013 38 Call Ask: 2.90 x 1

  Short Dec 31-21 Put credit: 0.70 x 3
  Short Dec 32-22 Put credit: 0.90 x 3

  Short Dec 47-42 Call credit: 0.40 x 2
  Short Dec 46-41 Call credit: 0.55 x 2

   Short Dec 42 Call credit: 0.55

2.10 + 0.80 - 2.90 = 0.0
2.10 + 0.55 - 2.90 = - 0.25

  Mar 2013 38 Call / Sell Dec 2012 42 Call debit:  -2.35
39-44 debit: -2.30
38-41 debit:  -2.15
39-42 debit: -1.95


Total position:
  Buy Mar 2013 38 Call / Sell Dec 2012 42 Call:  -2.35  x 2
  Sell Dec 2012 31-21 Put Credit: 0.70 x 3 = 2.10 x 2

  Mar 2013 38 Call Ask: 2.90
  Dec 2012 42 Call Bid: 0.55


Results, By Dec:
=> Below 31 lose money up to 21, max: 6050  --> can roll put spread downwards
=> Between 31 and 38: loss: 50
=> Above 38: gain money up to 42, max: 750  --> can roll short call upwards

Evaluate weekly; if it gets half-way to the short positions, roll those out again.