SPX weekly Iron condor Closed.
This week's position closed as follows:
- CLOSED SPX November 2070 Calls.
- CLOSED SPX November 2080 Calls.
- CLOSED SPX November 2000 Puts.
- CLOSED SPX November 1990 Puts.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.60 (all four legs). SPX was trading at approximately 2040 when the order executed.
Net Credit to Enter Iron Condor: $1.25 (all four legs)
Gain (Loss): Gain of $65.
This represented 7.4% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,