Home › Forums › Income Lab › SPX 28 FEB Iron Condor (478) › Reply To: SPX 28 FEB Iron Condor (478)
January 5, 2017 at 4:06 pm
#7329
Participant
We’re going to shift this IC again. 2360/2350 Bear Call trading around .80c and 2130/2120 Bull Put is trading around .90c This should give us a total credit of 1.70
If either credit spreads trades for more than $1.05 we’ll have to change strikes again. The reason for that is that we want around the same credit for each side of this Iron Condor.
IncomeLab Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTO | SPX | 28 FEB 17 | 2370 | Call |
STO | SPX | 28 FEB 17 | 2360 | Call |
STO | SPX | 28 FEB 17 | 2130 | Put |
BTO | SPX | 28 FEB 17 | 2120 | Put |
Total Credit: | $1.70-$1.80 |