04/30 RUT 50-Day Condor

I entered a new condor Today, am running out of time this evening, so I'll post the plan and studies Tomorrow.

Cheers!
Gustavo

04/30 EWZ Double Diagonal

No major change Today, except that EWZ moved higher with everything else in the morning and then faded at the end of the day. We have hit the adjustment level, so now I'll see how the trade will behave from now on.

04/30 OIH 30-Day Condor

OIH moved up early in the day and I got out of the PUT spread, locked in 85% of profits, at the end of the day it moved back down and earned extra profits on the CALL side. Approaching 10% zone, let's go OIH!! Let's bring this one home.

04/30 RUT and MNX Condors

Both trades hit my stop Today. Not much to say about it, except that I hate to see it happen, but it does, all I can do is learn. If anything, the question I ask myself is: are these "no-touch" good strategies to fit my personality? Let me do some thinking on it.

Bellow are the last dashboards:

04/30 Price Studies

I'm considering entering a 50-Day Condor Today, therefore here are the Price Studies for all indexes and ETFs I track. Notice pretty much most of them have been behaving better (not many 2 st. deviation days), yet they have also been trending up.

DBA

DIA

EEM

EWZ

GLD

IWM

MDY

MNX

NDX

OEX

OIH

RTH

RUT

SLV

SMH

SPY

TLT

UNG

USO

XLE

XLF

4/29 EWZ Double Diagonal

EWZ Hit my first adjustment level Today. At 45.30 I moved 2 contracts from 44 to 47, cutting the Delta in half and giving now more space for the trade to work. Next adjustment will be to move the remaining contract if we hit 47.

I was confused Yesterday regarding Tighten the Noose, I then evaluated my strategies and decided to do so if I hit 70% of my profits. To make the decision process easier I added the levels to my P&L chart on the dashboard.

4/29 OIH 30-Day Condor

Today OIH contracts got changed due to a dividends distribution. I'm not sure how this affect my position in terms of liquidity on the new contracts. I'll stick with the normal plan and see where it takes me.

I also added the TTN levels to my P&L chart in the dashboard, this eliminates the doubt and facilitates my decision making in terms of when it is time to Tighten the Noose on the trade to lock in profits.