SPX May 13 Weekly Iron Condor closed for Target.
Our exit order triggered and filled shortly after the open this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX May 13 2100 Call, .90 Debit.
SOLD SPX May 13 2110 Call, .35 Credit.
BOUGHT SPX May 13 1995 Put, .70 Debit.
SOLD SPX May 13 1985 Put, .45 Credit.
Net Debit (all four legs): $.80
Net Credit to Open Position: $1.40
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,