Home › Forums › Income Lab › SPX 7 APR Iron Condor (483) › Reply To: SPX 7 APR Iron Condor (483)
March 27, 2017 at 7:18 pm
#7790
IncomeLab (Old)
Participant
We’re going to BUY TO CLOSE 2395/2405 Bear Call spread
IncomeLab Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTC | SPX | 7 APR 17 | 2395 | Call |
STC | SPX | 7 APR 17 | 2405 | Call |
Total Debit: | $0.30-$0.40 |
We’ll also close 21APR 2450 Call (hedge)
IncomeLab Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
STC | SPX | 21 APR 17 | 2450 | Call |
Total Credit: | $0.50 |
This will leave 7APR 2430 Call (hedge) that will probably expire worthless. This trade has 11 days left until expiration.