SPX November 4 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 November 4 2175 Call, .25 Debit.
SOLD SPX November 4 2185 Call, .20 Credit.
BOUGHT SPX November 4 2075 Put, 1.25 Debit.
SOLD SPX November 4 2065 Put, .65 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,