SPX December 5 Weekly Iron Condor closed for Target.
Our exit order filled a short while ago on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX December 5 2100 Call, .35 Debit.
SOLD SPX December 5 2110 Call, .20 Credit.
BOUGHT SPX December 5 2010 Put, 1.95 Debit.
SOLD SPX December 5 2000 Put, 1.15 Credit.
Net Debit (all four legs): $.95
Net Credit to Open Position: $1.55
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,