SPX November Unbalanced Iron Condor
<div dir="ltr" trbidi="on">
<div dir="ltr" trbidi="on">
<div dir="ltr" trbidi="on">
<b>Trade Details:</b><br />
<br />
4 November SPX 2930/2930 Credit Put spread @0.80<span> </span>credit each</div><div dir="ltr" trbidi="on">1 November SPX 3720/3730 Credit Call spread @0.90 credit<br />
<br />
Net Credit: $410<br />
Max Risk: $3,590<br /> 43 days to Exp.<br />
<br />
<br />
<a name='more'></a><br />Profit/Risk Profile</div><div dir="ltr" trbidi="on"><div><a href="https://1.bp.blogspot.com/-vadU5UxGabg/X3495xmwoAI/AAAAAAAAG14/t8ePiSp9L_oMNNZy7vjRqBihBISNe7sxACNcBGAsYHQ/s1295/SPX-Unbalanced-Nov.JPG"><img border="0" data-original-height="521" data-original-width="1295" height="250" src="https://1.bp.blogspot.com/-vadU5UxGabg/X3495xmwoAI/AAAAAAAAG14/t8ePiSp9L_oMNNZy7vjRqBihBISNe7sxACNcBGAsYHQ/w620-h250/SPX-Unbalanced-Nov.JPG" width="620" /></a></div><br /> </div><div dir="ltr" trbidi="on"> </div><div dir="ltr" trbidi="on"> SPX Chart for future reference:</div><div dir="ltr" trbidi="on"><div><a href="https://1.bp.blogspot.com/-IvXLyNGagII/X349hy_XXoI/AAAAAAAAG1w/A6zzYYrdhx8jrRCAA0YHQXn5bk8DIzieACNcBGAsYHQ/s1263/SPX-20201007.JPG"><img border="0" data-original-height="873" data-original-width="1263" height="430" src="https://1.bp.blogspot.com/-IvXLyNGagII/X349hy_XXoI/AAAAAAAAG1w/A6zzYYrdhx8jrRCAA0YHQXn5bk8DIzieACNcBGAsYHQ/w623-h430/SPX-20201007.JPG" width="623" /></a></div> <br /></div>
<div dir="ltr" trbidi="on">
<hr />
</div><div dir="ltr" trbidi="on"><b>Trade Update – November 10, 2020</b></div><div dir="ltr" trbidi="on"> </div><div dir="ltr" trbidi="on">Closed entire position</div><div dir="ltr" trbidi="on"> </div><div dir="ltr" trbidi="on">4 November SPX 2930/2930 Credit Put spread @0.10 debit each</div><div dir="ltr" trbidi="on">0.70 gain per contract. $280</div><div dir="ltr" trbidi="on"> <br /></div><div dir="ltr" trbidi="on">1 November SPX 3720/3730 Credit Call spread @0.45 debit</div><div dir="ltr" trbidi="on">0.45 gain. $45</div><div dir="ltr" trbidi="on"><br /></div><div dir="ltr" trbidi="on">Total profit <span><b>$325</b></span><br /></div><div dir="ltr" trbidi="on"></div><div dir="ltr" trbidi="on"></div><div dir="ltr" trbidi="on"></div><div dir="ltr" trbidi="on">On a $3,590 max risk it, that represents a <span><b>+9.1%</b></span> Return on Risk<br /><div dir="ltr" trbidi="on"><br /></div>
<br />
<a href="http://www.the-lazy-trader.com/p/options-trading-results.html" target="_blank">Check out Track Record</a></div><br />
<br />
<br />
<div><b>Go to the bottom of this page in order to see the Legal Stuff</b></div></div>
</div>
Leave a Comment