SPX weekly Iron condor Closed for target.
This week's position closed shortly after the bell as follows:
- BOUGHT SPX March 2 2035 Call, 1.00 Debit.
- SOLD SPX March 2 2045 Call, .50 Credit.
- BOUGHT SPX March 2 1920 Put, .90 Debit.
- SOLD SPX March 2 1910 Put, .60 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.80 (all four legs).
Net Credit to Enter Iron Condor: $1.40 (all four legs).
Gain (Loss): Gain of $60.
This represented 7.0% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,