SPX January 20 Weekly Iron Condor closed for Target.
Our exit order filled for this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX January 20 2305 Call, .45 Debit.
SOLD SPX January 20 2315 Call, .30 Credit.
BOUGHT SPX January 20 2245 Put, 1.65 Debit.
SOLD SPX January 20 2235 Put, 1.15 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,