AAPL February 16 Iron Condor Closed for Target
Our closing order filled to exit the February 16 Iron Condor, details below:
- BOUGHT AAPL February 16 190 Call, .97 Debit.
- SOLD AAPL February 16 195 Call, .50 Credit.
- BOUGHT AAPL February 16 160 Put, 1.10 Debit.
- SOLD AAPL February 160 155 Put, .64 Credit.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.93 (all four legs).
Net Credit to Enter Iron Condor (Opened December 20): $1.30 (all four legs).
Gain of $.37.
This gain represented 10% of the margin and target for the trade.
As always, stay keen on your risk management and trade carefully,