SPY October Iron Condor Closed for Target.
The closing order for the October Iron Condor filled as follows:
- BOUGHT SPY October 221 Call, .30 Debit.
- SOLD SPY October 226 Call, .04 Credit.
- BOUGHT SPY October 200 Put, .44 Debit.
- SOLD SPY October 195 Put, .22 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.48 (all four legs).
Net Credit to Enter Iron Condor (Opened September 14): $.89 (all four legs).
Gain (Loss): Gain of $41.
This represented 10% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,