SPY September Iron Condor Closed for Target
Our closing order filled to exit the June Iron Condor, details below:
- BOUGHT SPY September 252 Call, .05 Debit.
- SOLD SPY September 257 Call, .02 Credit.
- BOUGHT September 238 Put, .62 Debit.
- SOLD SPY September 233 Put, .27 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.38 (all four legs).
Net Credit to Enter Iron Condor (Opened August 7): $.80 (all four legs).
This gain represented 10% of the margin and target for the trade.
As always, stay keen on your risk management and trade carefully,