This trade had originally been entered on October 8 for 0.53 credit. The profit is 0.38 in 13 days or $76 for the model Portfolio.
It became necessary to close this position in order to reduce upside risk in the middle of this unstoppable market.
Current positions in the Portfolio:
November SPX 1630/1640/2100/2110 Iron Condor
$350 credit, 4 weeks to expiration, 73.50% probability of success. I will have to close the Call side early as soon as they reach some profitable balance.
December SPX 1790/1795/2135/2140 unbalanced Iron Condor
$220 credit. 8 weeks to expiration. The trade opened yesterday. Still out of trouble.
Check out 2015 Track Record
Weekend Portfolio Analysis (November 1, 2015)