SPX May 19 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 19 2420 Call, .75 Debit.
SOLD SPX May 19 2430 Call, .40 Credit.
BOUGHT SPX May 19 2350 Put, 2.20 Debit.
SOLD SPX May 19 2340 Put, 1.80 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. We are very grateful to reach target on this trade that was just opened yesterday.
As always, stay keen on your risk management and trade carefully,