SPX April 7 Weekly Iron Condor closed for Target.
Our exit order filled for this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX April 7 2395 Call, .80 Debit.
SOLD SPX April 7 2405 Call, 45. Credit.
BOUGHT SPX April 7 2320 Put, 1.25 Debit.
SOLD SPX April 7 2310 Put, .90 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,