SPX February 4 Weekly Iron Condor Closed for Target.
The closing order for this week's SPX weekly Iron Condor executed as follows:
- BOUGHT SPX February 4 1970 Call, 1.30 Debit.
- SOLD SPX February 4 1980 Call, .65 Credit.
- BOUGHT SPX February 4 1840 Put, .40 Debit.
- SOLD SPX February 4 1830 Put, .30 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.75 (all four legs. )
Net Credit to Enter Iron Condor: $1.35 (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,