5/27 RUT 30-Day Condor

RUT hit the 502.50 level Today and fired up the first hedging. I had posted my technical analysis Yesterday and mentioned that a push up-ward would hold not much strengh if it came without first retracing.

Well, I didn't want to bypass my trading management rules, but I honestly did not expect RUT to trade much higher, the compromise I found was to hedge the position but not cutting deltas in 1/2, I cut less than half, and as it turns out, RUT did fall back to 490 by the end of the day.