SPX August 18 Weekly Iron Condor closed for Target.
Our exit order triggered and filled this morning on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX August 18 2485 Call, .50 Debit.
SOLD SPX August 18 2495 Call, .25 Credit.
BOUGHT SPX August 18 2370 Put, 1.45 Debit.
SOLD SPX August 18 2360 Put, .90 Credit.
Net Debit (all four legs): $.80
Net Credit to Open Position: $1.40
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,