Open Position: SPX Iron Condor for August 3 Cycle closed this morning.

I mentioned in the weekend update that I would not hesitate to close this week's Iron Condor for .40. This morning at approximately 9:50 am with SPX at 1690.89, the closing order executed. The gain on this position after commissions was $91, or 10.5% of the maximum risk/margin.

The SPX Credit Spread position is still open; I will post an update when this position is closed.

Stay keen on your risk management and trade carefully,

Dot Hazlin