IWM November Iron Condor and SPX Weekly Credit Spread Closed
I was away from my computer most of this morning unexpectedly; while I was away closing orders executed for both of our open positions.
1) IWM November Iron Condor:
Position closed for a gain of $97, representing 7.0% return before commissions. A new position for December will be opened sometime this week. I am currently targeting Wednesday for entry, which is 37 days prior to expiration.
2) SPX Weekly Credit Spread:
Position closed for a gain of $65, also representing a 7.0% return before commissions. The next trade entry for the November 4 weekly cycle will most likely be Thursday, depending on market conditions.
I will post trade updates accordingly.
Stay keen on your risk management and trade carefully,