SPX February 10 Weekly Iron Condor closed for Target.
Our exit order filled for this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX February 10 2315 Call, .65 Debit.
SOLD SPX February 10 2325 Call, .30 Credit.
BOUGHT SPX February 10 2250 Put, 1.15 Debit.
SOLD SPX February 10 2240 Put, .85 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,