SPX August 19 Weekly Iron Condor closed for Target.
Our exit order triggered and filled on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX August 10 2210 Call, .85 Debit.
SOLD SPX August 19 2220 Call, .35 Credit.
BOUGHT SPX August 19 2145 Put, .85 Debit.
SOLD SPX August 19 2135 Put, .65 Credit.
Net Debit (all four legs): $.70. Mid price was posting at $.55 when the order filled.
Net Credit to Open Position: $1.30
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,