SPX weekly Iron condor Closed for target.
This week's position closed as follows:
- BOUGHT SPX February 2 2105 Call.
- SOLD SPX February 2 2115 Call.
- BOUGHT SPX February 2 2010 Put.
- SOLD SPX February 2 2000 Put.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.80 (all four legs). SPX was at approximately 2057 when the order filled.
Net Credit to Enter Iron Condor: $1.40 (all four legs)
Gain (Loss): Gain of $60.
This represented a gain of 7.0% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,