My RUT position is still hovering around the break-even level, notice the 5-day volatility chart that this persistent upside has been keeping my profits at bay on the trade; Should we see a small pull back, the position will be good to cash out.
The MNX Iron Butterfly had its first set of adjustment done Today. I had a contingent order to cut a few deltas, and after it triggered I added another one to continue cutting in case we kept pushing higher, which we did. So I purchase 2 long FEB 185 Calls to keep these deltas at bay. The position gave back about 3% of its open P/L Today.
Position's Details and Price action charts:
12/21 MNX Iron Butterfly
12/21 RUT Iron Condor
