Reply To: SPX 7 JUL Iron Condor (534)

[IncomeLab (Old)]

We’re going to roll up 2450/2460 Bear Call to 2480/2490 and add size to the new call spread to match the size of 2280/2270 Bull Put spread.

1. BUY TO CLOSE 2450/2460 Call spread

IncomeLab Order Ticket
Type	Asset	Duration	Strike	C/P
BTC	SPX	7 JUL 17	2450	Call
STC	SPX	7 JUL 17	2460	Call
Total Debit:			$3.10

2. SELL TO OPEN 2480/2490 Call spread

IncomeLab Order Ticket
Type	Asset	Duration	Strike	C/P
STO	SPX	7 JUL 17	2480	Call
BTO	SPX	7 JUL 17	2490	Call
Total Credit:			$1.10

P/L graph:

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