SPY December Iron Condor Closed for target.
The December exit order filled a short while ago as follows:
- BOUGHT SPY December 217 Call, $.19 Debit.
- SOLD SPY December 222 Call, .$05 Credit.
- BOUGHT SPY December 196 Put, $.56 Debit.
- SOLD December 191 Put, $.30 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.40 (all four legs).
Net Credit to Enter Iron Condor (Opened November 9): $.82 (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,