July SPX 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 July SPX 2260/2250 Credit Put spread @0.80 credit each<br />
1 July SPX 3180/3190 Credit Call spread @0.90 credit<br />
<br />
Net Credit: $410<br />
Max Risk: $3,590<br />
64 days to Exp. <br />
<br />
<br />
<a name='more'></a><br />
Profit/Risk Profile<br />
<div>
<a href="https://1.bp.blogspot.com/-VXlAEIiJGOc/Xrv6HtiNzsI/AAAAAAAAGxM/GfofrsCzoV4Wl1vEKAHTqTz6SHVN94XAgCNcBGAsYHQ/s1600/SPX-July-2020-Iron-Condor.PNG" imageanchor="1"><img border="0" data-original-height="461" data-original-width="1290" height="228" src="https://1.bp.blogspot.com/-VXlAEIiJGOc/Xrv6HtiNzsI/AAAAAAAAGxM/GfofrsCzoV4Wl1vEKAHTqTz6SHVN94XAgCNcBGAsYHQ/s640/SPX-July-2020-Iron-Condor.PNG" width="640" /></a></div>
<br />
<br />
SPX Chart for future reference:<br />
<div>
<a href="https://1.bp.blogspot.com/-VbRBgL2b3NA/Xrv6PHY26xI/AAAAAAAAGxQ/jJbmaeWnock30mhr9fF_GCgk0mBSz8nBACNcBGAsYHQ/s1600/SPX-20200513-TA.PNG" imageanchor="1"><img border="0" data-original-height="868" data-original-width="1135" height="488" src="https://1.bp.blogspot.com/-VbRBgL2b3NA/Xrv6PHY26xI/AAAAAAAAGxQ/jJbmaeWnock30mhr9fF_GCgk0mBSz8nBACNcBGAsYHQ/s640/SPX-20200513-TA.PNG" width="640" /></a></div>
</div>
<div dir="ltr" trbidi="on">
<br />
<hr />
</div>
<div dir="ltr" trbidi="on">
<b>Trade Update – May 25, 2020</b><br />
<br />
Closed Call side at a loss<br />
<b>1 July SPX 3180/3190 Credit Call spread @2.45 debit</b><br />
a $155 loss<br />
<br />
Put side looking safe and still on <br />
<br />
<br />
<div dir="ltr" trbidi="on">
<hr />
</div>
<div dir="ltr" trbidi="on">
<b>Trade Update – June 26, 2020</b></div>
<br />
Closed Put side<br />
<b>4 July SPX 2260/2250 Credit Put spread @0.05 debit each</b><br />
a 0.75 profit per spread = $300<br />
<br />
Combining the $300 profit with the earlier loss on the Call side of $155, this is a Net Profitable trade that resulted in <b><span>+$145</span></b><br />
On a $3,590 max risk, this represents a <b><span>4%</span></b> return on risk.<br />
<br />
<br />
<br />
<a href="http://www.the-lazy-trader.com/p/options-trading-results.html" target="_blank">Check out Track Record</a></div>
<br />
<br />
<div>
<b>Go to the bottom of this page in order to see the Legal Stuff</b></div>
</div>
</div>