This is a historical occasion: namely, it is the first time we’ve posted a separate followup to one of our bonus trades. Back on November 11, 2007, we posted the following position, which we dubbed the “Fearful Santa Iron Condor“:

+1 Dec SPY 133 put

-1 Dec SPY 135 put

-1 Dec SPY 150 call

+1 Dec SPY 152 call

for an $0.86 credit.

If you got in on that trade and if you were tough enough to ride out the ensuing bounciness in the markets, you’re now sitting on a winning position that will expire worthless tomorrow. Or you could exit it right now for about $0.04.

Either way, you’re looking at a gain of about 70% on capital risked.

If you want to say thanks to us for the trade, or are just feeling thankful in general, Doctors Without Borders / Médecins Sans Frontières can always use the help.