07/03 RUT Iron Butterfly

RUT hit 2 of my adjustment points to the down-side, only to revert right back up. I paid a lot for the AUG Puts, as they were executed early in the day, and this hurt the position by quite a bit. At the end I wanted to sell one of the 470 PUTs to replace it by a 450 and ended up selling the AUG 480 PUT as a vertical credit spread with the 450.

I have to improve the way I'm dealing with this trade, maybe I'm adjusting too soon and too much, this is specially bad on days like Today, when the market bounces back up.

Position's history day-by-day:
07/02 RUT Iron Butterfly
07/01 RUT Iron Butterfly
06/30 RUT Iron Butterfly
06/29 RUT Iron Butterfly
06/25 RUT Iron Butterfly
06/24 RUT Iron Butterfly
06/23 RUT Iron Butterfly

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