Home › Forums › Income Lab › SPX 02 DEC Iron Condor (461) › Reply To: SPX 02 DEC Iron Condor (461)
October 21, 2016 at 10:14 am #7145
We’re going to take profits on this trade early. We put this trade on 8 days ago and now we have collected about 40% of max potential profit. Remember, at entry we were looking for 50% of profit in 20 days as our first target and we got there a little bit quicker. It makes sense to take this trade off for a profit and look for another trade.
|IncomeLab Order Ticket|
|STC||SPX||2 DEC 16||2245||Call|
|BTC||SPX||2 DEC 16||2235||Call|
|BTC||SPX||2 DEC 16||1950||Put|
|STC||SPX||2 DEC 16||1940||Put|