Open Position: SPX Call Credit Spread for August 4 Cycle closed for target.
At approximately 1:25 pm, our closing order for .20 executed to buy back this spread. The price of SPX at the time it closed was 1652.40. The net gain after commissions was $66, 7.3% of actual margin/risk, and our target for the trade.
The Iron Condor for August 4 is still open; I will post a trade update when appropriate.
Stay keen on your risk management and trade carefully,