SPX May 20 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 20 2105 Call, .35 Debit.
SOLD SPX May 20 2115 Call, .30 Credit.
BOUGHT SPX May 20 2010 Put, 1.85 Debit.
SOLD SPX May 20 2000 Put, 1.15 Credit.
Net Debit (all four legs): $.75
Net Credit to Open Position: $1.35
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,