SPY June Iron Condor Closed for Target
Our closing order filled to exit the June Iron Condor, details below:
- BOUGHT SPY June 245 Call, .17 Debit.
- SOLD SPY June 250 Call, .03 Credit.
- BOUGHT SPY June 230 Put, .70 Debit.
- SOLD SPY June 225 Put, .39 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.45 (all four legs).
Net Credit to Enter Iron Condor (Opened May 8): $.86 (all four legs).
Gain or $.41.
This gain represented 10% of the margin and target for the trade.
As always, stay keen on your risk management and trade carefully,