Bullish action too much for the November SPY Iron Condor.

Today's bullish move caused the stop loss trigger to hit, and the closing order executed a short while ago.

Closing details are:

CLOSED November 200 Call

CLOSED November 205 Call

CLOSED November 176 Put

CLOSED November 171 Put

Original Credit: $.80

Debit to close: $1.45

This represented a loss of $(65), or 15% of the margin and the pre-set max loss for the trade.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin