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TOS - one trade four legs. It was a last minute before market closing trade. Had the confirmation screen but didn't read it. Saw the credit later on. So, this was a 'fat finger' error. I am good with this trade spread now. Thanks for everybody's help!

Thanks i960! Useful. Robert and stepandfetchit: Agree with the general advice of fixing the error right away, but this is all about learning from your mistakes. So, a little analysis doesn't hurt. Deuteronomy_24_7: read the first post spread. It will make sense. :)

Thanks Robert for quick reply. When I now look at this, this is what I really ended up with: Bear Call Spread: Buy Call 52.5, Sell Call 52 Bear Put Spread: BUY Put 47.5, SELL Put 47 And, since the stock price is really going up (gone up to 52) after I bought this and testing my Call spread...

I was looking to sell an Iron Condor: Current Stock Price: 50, Buy Call 52.5, Sell Call 52, Sell Put 47.5, Buy Put 47 and instead I ended up putting the following CUSTOM spread: Current Stock Price: 50, Buy Call 52.5, Sell Call 52, BUY Put 47.5, SELL Put 47 So, this has become a directional...