SPX May 12 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 May 12 2420 Call, .80 Debit.
SOLD SPX May 12 2430 Call, .35 Credit.
BOUGHT SPX May 12 2350 Put, .95 Debit.
SOLD SPX May 12 2340 Put, .75 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,