SPX August 2 Weekly Iron Condor closed for target.
A short while ago the order executed to close this week's SPX Iron Condor for $.60. This represented a gain of $65, or 7.4% of the margin and our target for the trade. SPX was at 1928.40 when the order filled.
The next weekly trade entry date will be Thursday of this week for the August cycle, as long as SPX remains within the entry guidelines. The next cycle is the regular August monthly cycle. The Option Code for the August cycle is SPX140816, expiring August 16.
As always, stay keen on your risk management and trade carefully,