SPX weekly Iron condor Closed for target.
This week's position closed as follows:
- BOUGHT SPX February 2120 Call.
- SOLD SPX February 2130 Call.
- BOUGHT SPX February 2045 Put.
- SOLD SPX February 2035 Put.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $1.05 (all four legs. )SPX was at approximately 2092.73 when the order filled.
Net Credit to Enter Iron Condor: $1.65 (all four legs)
Gain (Loss): Gain of $60. This represented 7.2% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,