SPX October 7 Weekly Iron Condor closed for Target.
Our exit order triggered and filled a short while ago on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX October 7 2200 Call, .55 Debit.
SOLD SPX October 7 2210 Call, .25 Credit.
BOUGHT SPX October 7 2095 Put, 1.40 Debit.
SOLD SPX October 7 2085 Put, .95 Credit.
Net Debit (all four legs): $.75
Net Credit to Open Position: $1.35
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,