SPX July 4 Weekly Iron Condor closed for target.
Our closing order executed for this week's SPX weekly Iron Condor. Details follow:
Closing details are as follows:
BOUGHT SPX July 4 2145 Call, .80 Debit.
SOLD SPX July 4 2155 Call, .35 Credit.
BOUGHT SPX July 4 2090 Put, 1.05 Debit.
SOLD SPX July 4 2080 Put, .65 Credit.
Net Debit (all four legs): $.85
Net Credit to Open Position: $1.45
This represented a gain of $60, or 7.0% of the margin and our target for the trade.
As always, stay keen on your risk management and trade carefully,