SPX September 1 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 September 1 2480 Call, .35 Debit.
SOLD SPX September 1 2490 Call, .20 Credit.
BOUGHT SPX September 1 2405 Put, 1.35 Debit.
SOLD SPX September 1 2395 Put, .85 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,