SPY August Iron Condor Closed for target.
The August exit order filled this morning as follows:
- BOUGHT SPY August 216 Call, $.43 Debit.
- SOLD SPY August 221 Call, $.05 Credit.
- BOUGHT SPY August July 198 Put, $.39 Debit.
- SOLD SPY August 193 Put, $.21 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.56 (all four legs).
Net Credit to Enter Iron Condor (Opened July 13): $.96 (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,