SPX September 2 Weekly Iron Condor closed for Target.
Our exit order filled for this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX September 2 2210 Call, .55 Debit.
SOLD SPX September 2 2220 Call, .25 Credit.
BOUGHT SPX September 2 2125 Put, 1.40 Debit.
SOLD SPX September 2 2115 Put, 1.05 Credit.
Net Debit (all four legs): $.65
Net Credit to Open Position: $1.25
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,