SPX May 4 Weekly Iron Condor closed for Target.
Our exit order filled this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX May 4 2150 Call, .75 Debit.
SOLD SPX May 4 2160 Call, .25 Credit.
BOUGHT SPX May 4 2075 Put, .90 Debit.
SOLD May 4 2065 Put, .65 Credit.
Net Debit (all four legs): $.75
Net Credit to Open Position: $1.35
This represented a gain of $60, 7.0% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,