SPX March 31 Weekly Iron Condor closed for Target.
Our exit order filled for this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX March 31 2400 Call, .20 Debit.
SOLD SPX March 31 2410 Call, .10 Credit.
BOUGHT SPX March 31 2290 Put, 2.05 Debit.
SOLD SPX March 31 2280 Put, 1.45 Credit.
Net Debit (all four legs): $.70
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,