SPX May 6 Weekly Iron Condor closed for Target.
Our exit order triggered and filled this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX May 6 2115 Call, .60 Debit.
SOLD SPX May 6 2125 Call, .25 Credit.
BOUGHT SPX May 6 2010 Put, 1.85 Debit.
SOLD SPX May 6 2000 Put, 1.35 Credit.
Net Debit (all four legs): $.85
Net Credit to Open Position: $1.45
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,