Open Position: SPX Put Credit Spread for August 3 Cycle closed for target.
At approximately 12:45 pm, our closing order for .20 executed to buy back this spread. The price of SPX at the time it closed was 1692.60. The net gain after commissions was $66, 7.3% of actual margin/risk, and our target for the trade.
The next trade entry will be Thursday, August 15 for the August 4 cycle, if the market conditions are within the guidelines. Trade entry details will be posted then.
Stay keen on your risk management and trade carefully,