Reply To: SPX APR Iron Condor Home › Forums › Income Lab › SPX APR Iron Condor › Reply To: SPX APR Iron Condor March 10, 2015 at 3:09 pm #2983 IncomeLab (Old)Participant Sold 3 more APR 1970/1960 bull puts for 1.50 1.70 and 1.80 credit. Now I’m short 10 bull puts: Credit: $1,950 Margin: $9,150 DTE: 38 P/L: Short strike’s delta -25, so I may look for some short term hedge to see if we can bounce from here.