SPY April Iron condor Closed for Target
The April SPY position closing order filled as follows:
- BOUGHT SPY April 208 Call, .49 Debit.
- SOLD SPY April 213 Call, .04 Credit.
- BOUGHT SPY April 185 Put, .10 Debit.
- SOLD SPY April 180 Put, .06 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.49 (all four legs)
Net Credit to Enter Iron Condor (Opened March 7): $.90 (all four legs)
Gain (Loss): Gain of $41.
This represented 10% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,