SPX December 9 Weekly Iron Condor closed for Target.
Our exit order triggered and filled at the open on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX December 9 2235 Call, .70 Debit.
SOLD SPX December 9 2245 Call, .35 Credit.
BOUGHT SPX December 9 2135 Put, .85 Debit.
SOLD SPX December 9 2125 Put, .50 Credit.
Net Debit (all four legs): $.70
Net Credit to Open Position: $1.30
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,