SPY May Iron Condor Closed.
This May exit order filled this morning as follows:
- BOUGHT SPY May 215 Calls, $.37 Debit.
- SOLD SPY May 220 Calls, $.06 Credit.
- BOUGHT SPY May 197 Puts, $.56 Debit.
- SOLD SPY May 192 Puts, $.28 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.59 (all four legs).
Net Credit to Enter Iron Condor (Opened April 6): $.99 (all four legs).
Gain (Loss): Gain of $40.
This represented 10% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,