SPY April Iron Condor Closed.
This April position was closed shortly after the bell this morning as follows:
- BOUGHT SPY April 215 Calls, $.37 Debit.
- SOLD SPY April 220 Calls, $.04 Credit.
- BOUGHT SPY April 197 Puts, $.35 Debit.
- SOLD SPY April 192 Puts, $.19 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.49 (all four legs).
Net Credit to Enter Iron Condor (Opened March 9): $.90 (all four legs).
Gain (Loss): Gain of $41.
This represented 10% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,