SPY October Iron Condor Closed for target.
The exit order filled this afternoon as follows:
- BOUGHT SPY October 209 Call, $.12 Debit.
- SOLD SPY October 214 Call, $.04 Credit.
- BOUGHT SPY October 180 Put, $.85 Debit.
- SOLD SPY October 175 Put, $.54 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.39 (all four legs).
Net Credit to Enter Iron Condor (Opened September 9): $.81 (all four legs).
Gain (Loss): Gain of $42.
This represented 10% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,