SPX April 4 Weekly Iron Condor closed for Target.
Our exit order triggered and filled on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX April 4 2110 Call, 1.05 Debit.
SOLD SPX April 4 2120 Call, .55 Credit.
BOUGHT SPX April 4 2020 Put, 1.10 Debit.
SOLD April 4 2010 Put, .75 Credit.
Net Debit (all four legs): $.85
Net Credit to Open Position: $1.45
This represented a gain of $60, 7% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,