Adjust Trade Alert: SPY January Iron Condor (Adjustment #2)
We’re closing the put side of the January iron condor we rolled from our Dec/Jan double-diagonal, to free up margin for a February entry trade later this afternoon.
Day limit order
Buy to close 2 SPY Jan 114 puts
Sell to close 2 SPY Jan 107 puts
for a net debit of $0.04 or better.
Note that the 2 contracts specified above represent our entire stake in the Jan 107/114 put vertical portion of this position.
Tags: adjustment, iron condor, spy, vertical spread
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