SPX October 2 Weekly Iron Condor closed for Target.
Our exit order filled shortly a short while ago on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX October 2 2015 Call, 1.05 Debit.
SOLD SPX October 2 2025 Call, .35 Credit.
BOUGHT SPX October 2 1910 Put, 1.05 Debit.
SOLD SPX October 2 1900 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,