SPX June 16 Weekly Iron Condor closed for Target.
Our exit order triggered and filled this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX June 16 2465 Call, .55 Debit.
SOLD SPX June 16 2475 Call, .30 Credit.
BOUGHT SPX June 16 2395 Put, 1.55 Debit.
SOLD SPX June 16 2385 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,