SPX weekly Iron condor Closed for target.
This week's position closed shortly after the bell as follows:
- BOUGHT SPX March 1 2140 Call, .25 Debit.
- SOLD SPX March 1 2150 Call, .10 Credit..
- BOUGHT SPX March 1 2065 Put, 1.45 Debit.
- SOLD SPX March 1 2055 Put, .90 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.70 (all four legs.)
Net Credit to Enter Iron Condor: $1.30 (all four legs)
Gain (Loss): Gain of $60.
This represented 7.0% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,