Below are strikes, the bid/ask and the potential fills you can get:
On the put side, I think a fill of 0.90 will work, and on the call side a fill of 1.50 should happen as the market is rallying a bit today.
REMEMBER: this is an UNBALANCED iron condor. We are going HALF SIZE on the call side to mitigate the risk of a large move higher.
IF SPX breaks 2150 then we will roll and add to the call side.
Update: Jul 15th, 2015
Time to bail on the trade. We’ve got 30 days left to expiration which is the ideal exit time.
Buy to close Aug 1980/1970 put spread @.50 or lower
Buy to close Aug 2200/2100 call spread @0.40 or lower
Margin and P/L
Spread Width: 10,000
Call Credit: 5×1.50 = 750
Put Credit: 10×0.95 = 950
Starting Margin: 8300
Enter 5 @ 1.50, Exit @0.40
Spread Profits: 1.10
Total Profits: 550
Enter 10 @ 0.95, Exit @0.50
Spread Profits: 0.45
Total Profits: 450
Call Spread: +550
Put Spread: +450