SPX November 25 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 25 2210 Call, .90 Debit.
SOLD SPX November 25 2220 Call, .50 Credit.
BOUGHT SPX November 25 2150 Put, .55 Debit.
SOLD SPX November 25 2140 Put, .30 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,