Home › Forums › Income Lab › SPX 27 JAN Iron Condor PLUS (474) › Reply To: SPX 27 JAN Iron Condor PLUS (474)
December 16, 2016 at 11:50 am
#7290
IncomeLab (Old)
Participant
This IC currently showing mid price of 4.70
Our profit target is about 20% of max profit over 25 days. At 4.70 we’ve captured about 11% of max profit in 1 day (assuming we’ll be able to close at this price). It makes sense to close this trade early and look for new potential entries.
IncomeLab Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
STC | SPX | 27 JAN 16 | 2320 | Call |
BTC | SPX | 27 JAN 16 | 2310 | Call |
BTC | SPX | 27 JAN 16 | 2215 | Put |
STC | SPX | 27 JAN 16 | 2205 | Put |
Total Debit: | 4.60-4.70 |