SPX August 5 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 August 5 2200 Call, .85 Debit.
SOLD SPX August 5 2210 Call, .45 Credit.
BOUGHT SPX August 5 2120 Put, .85 Debit.
SOLD SPX August 5 2110 Put, .55 Credit.
Net Debit (all four legs): $.70
Net Credit to Open Position: $1.30
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,