SPX August 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 August 2 2120 Call, 1.05 Debit.
SOLD SPX August 2 2130 Call, .35 Credit.
BOUGHT SPX August 2 2040 Put, 1.05 Debit.
SOLD SPX August 2 2030 Put, .75 Credit.
Net Debit (all four legs): $1.00
Net Credit to Open Position: $1.60
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,