SPX April Weekly Iron Condor closed for Target.
Our exit order filled a short while ago to exit this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX April 2125 Call, .80 Debit.
SOLD SPX April 2135 Call, .35 Credit.
BOUGHT SPX April 2050 Put, .80 Debit.
SOLD April 2040 Put, .50 Credit.
Net Debit (all four legs): $.75
Net Credit to Open Position: $1.35
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,