SPX weekly Iron condor Closed for target.
The closing order for the March 1 SPX weekly Iron Condor executed as follows:
- BOUGHT SPX March 1 2010 Call, .55 Debit.
- SOLD SPX March 1 2020 Call, .30 Credit.
- BOUGHT SPX March 1 1875 Put, 1.40 Debit.
- SOLD SPX March 1 1865 Put, .90 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,