SPX March 24 Weekly Iron Condor closed for Target.
Our exit order triggered earlier this afternoon on this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX March 24 2405 Call, .41 Debit.
SOLD SPX March 24 2415 Call, .18 Credit.
BOUGHT SPX March 24 2340 Put, 1.68 Debit.
SOLD SPX March 24 2330 Put, 1.26 Credit.
Net Debit (all four legs): $.65
Net Credit to Open Position (Entered March 17): $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,