SPX May 2 Weekly Iron Condor closed for Target.
Our exit order filled shortly after the bell this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX May 2 2135 Call, 1.30 Debit.
SOLD SPX May 2 2145 Call, .45 Credit.
BOUGHT SPX May 2 2040 Put, .40 Debit.
SOLD SPX May 2 2030 Put, .30 Credit.
Net Debit (all four legs): $.95
Net Credit to Open Position: $1.55
This represented a gain of $60, 7.1% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,