My favorite kind of iron condor-- one where I can just sit in it without needing to adjust and I can collect the profits.
The current unrealized gain is between 60-75% of max credit, and there's more than a month left to options expiration.
The reason this trade's doing so well is that the market is pulling back just a bit while implied volatility still stays pretty low.
I want to work out of this trade. Now... SPX options are a pain to get filled, so I pulled the bid/ask and mid on both sides of the spread to figure out what kind of fills I can get:
So the best bet here is to place orders at those prices. If you really really need to get out of the trade, then bid 0.40 and 0.30.
If you don't mind sticking around the trade a bit longer, then just put orders out at 0.30 and 0.20. You may not get filled now, but you probably will by Friday.
Basically, try and exit the iron condor at a price between 0.50 and 0.70... I'd focus on the low side to pull a few more dollars out of the trade.