SPX October 4 Weekly Iron Condor closed for Target.
Our exit order triggered and filled this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT October 4 2060 Call, .75 Debit.
SOLD SPX October 4 2070 Call, .30 Credit.
BOUGHT SPX October 4 1970 Put, 1.40 Debit.
SOLD SPX October 4 1960 Put, 1.00 Credit.
Net Debit (all four legs): $.85
Net Credit to Open Position: $1.45
This represented a gain of $60, 7% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,