SPX February 1 Weekly Iron Condor Closed for Target.
The closing order for this week's SPX weekly Iron Condor executed shortly after the bell this morning as follows:
- BOUGHT SPX February 1 1970 Call, 1.35 Debit.
- SOLD SPX February 1 1980 Call, .75 Credit.
- BOUGHT SPX February 1 1820 Put, .65 Debit.
- SOLD SPX February 1 1810 Put, .45 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.80 (all four legs.)
Net Credit to Enter Iron Condor: $1.40 (all four legs)
Gain (Loss): Gain of $60.
This represented 7.0% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,