SPX December 2 Weekly Iron Condor closed for Target.
Our exit order triggered and filled a short while ago on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX December 2 2235 Call, .90 Debit.
SOLD SPX December 2 2245 Call, .50 Credit.
BOUGHT SPX December 2 2160 Put, 1.15 Debit.
SOLD SPX December 2 2150 Put, .80 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,