SPX November 2 Weekly Iron Condor closed for Target.
Our exit order filled shortly after the bell this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX November 2 2130 Call, .80 Debit.
SOLD SPX November 2 2140 Call, .40 Credit.
BOUGHT SPX November 2 2035 Put, 1.75 Debit.
SOLD SPX November 2 2025 Put, 1.25 Credit.
Net Debit (all four legs): $.90
Net Credit to Open Position: $1.50
This represented a gain of $60, 7.0% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,