SPX January 13 Weekly Iron Condor closed for Target.
Our exit order triggered and filled a short time ago on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX January 13 2300 Call, .85 Debit.
SOLD SPX January 13 2310 Call, .40 Credit.
BOUGHT SPX January 13 2230 Put, .70 Debit.
SOLD SPX January 13 2220 Put, .50 Credit.
Net Debit (all four legs): $.65
Net Credit to Open Position: $1.25
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,