Below is the current status of the two positions:
1) SPX August 4 Call Credit Spread:
SPX August 4 Call Credit Spread as of the close Friday:
The position is currently +$42.50. Closing order is in to close the spread for .20, which will net $66 after commissions, and target for the position.
2) SPX August 4 Iron Condor:
SPX August 4 Iron Condor as of the close Friday:
The position is currently +$10. The current closing order is in for .30, which will net $117 after commissions and our target gain for the position. However, depending on how the market is behaving early next week, I would not hesitate to close the position for a .40 debit, which will net $107 or 12.7% on actual margin.
An update will be posted early next week.
As always, stay keen on your risk management and trade carefully,