SPX October 28 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 28 2175 Call, .65 Debit.
SOLD SPX October 28 2185 Call, .20 Credit.
BOUGHT SPX October 28 2095 Put, .75 Debit.
SOLD SPX October 2085 Put, .45 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,