SPX November 1 Weekly Iron Condor closed for Target.
Our exit order filled shortly after the bell this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX November 1 2125 Call, .70 Debit.
SOLD SPX November 1 2135 Call, .40 Credit.
BOUGHT SPX November 1 2025 Put, 2.35 Debit.
SOLD SPX November 1 2015 Put, 1.65 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,