SPX weekly Iron condor Closed for target.
The closing order for the April 1 SPX weekly Iron Condor executed as follows:
- BOUGHT SPX April 1 2070 Call, .75 Debit.
- SOLD SPX April 1 2080 Call, .35 Credit..
- BOUGHT SPX April 1 1965 Put, .70 Debit.
- SOLD SPX April 1 1955 Put, .40 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.70 (all four legs)
Net Credit to Enter Iron Condor: $1.30 (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,