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|
|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|