Closed CSCO

Fear won.

I've closed my March iron condor on CSCO with the stock at $25.69. The options cost me a 62 cent debit.

I had opened the position on Feb. 8 for a 42 cent credit with shares trading at $23.54.

So the share price at close was 8.4% below entry. The loss on the options was 32.3%.

Earlier this morning I filed a long post on what I was considering in making the decision whether to see or not. See "Thinking about CSCO".