SPX May 1 Weekly Iron Condor closed for Target.
Our exit order filled a short while ago on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX May 1 2145 Call, 1.05 Debit.
SOLD SPX May 1 2155 Call, .40 Credit.
BOUGHT SPX May 1 2070 Put, 1.10 Debit.
SOLD SPX May 1 2060 Put, .70 Credit.
Net Debit (all four legs): $1.05
Net Credit to Open Position: $1.65
This represented a gain of $60, 7.2% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,