Update on SPX Iron Condor from Monday

In the previous blog post I put on a SPX Iron Condor

I just took off Mondays High Octane short term Iron Condor for a 12% profit in 3 days. The trade was in the July 6 expiration.

Buy 1  JUL 6  2750 C, Sell 1  JUL 6  2745 Call,  Sell 1  JUL 6  2660 Put,  B 1  JUL 6  2655 Put.

I sold the Iron Condor Monday for 1.35 Credit, and bought it back today for .90 debit.

Dan Sheridan

dan@sheridanmentoring.com