SPY March Iron condor Closed
This March position was closed as follows:
- BOUGHT SPY March 214 Calls, $.56 Debit.
- SOLD SPY March 219 Calls, $.05 Credit.
- BOUGHT SPY March 191 Puts, $.06 Debit.
- SOLD SPY March 186 Puts, $.05 Credit
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.52 (all four legs)
Order executed at approximately 9:55 EST; SPY was trading at 210.83 when the order filled.
Net Credit to Enter Iron Condor (Opened February 9): $.92 (all four legs)
Gain (Loss): Gain of $40.
This represented 10% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,