SPX weekly Iron condor Closed for target.
This week's position closed as follows:
- BOUGHT SPX January 4 2070 Calls.
- SOLD SPX January 4 2080 Calls.
- BOUGHT SPX January 4 1925 Puts.
- SOLD SPX January 4 1915 Puts.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $1.35 (all four legs)
Net Credit to Enter Iron Condor: $1.95 (all four legs)
Gain (Loss): Gain of $60.
This represented 7.4% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,