SPY July Iron Condor Closed for target.
The July exit order filled this morning as follows:
- BOUGHT SPY July 216 Call, $.50 Debit.
- SOLD SPY July 221 Call, $.05 Credit.
- BOUGHT SPY July 198 Put, $.27 Debit.
- SOLD July 193 Put, $.13 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 June 8): $.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,