NDX Condor 3-13

I've been a little slow in updating the condor trade I am highlighting this month.  I've been relocating over the past few days, with little time for any extra-curricular activities.  On Thursday one of my adjustment trades triggered and with the steady moves up we had to remove the call spread.  In addition, on Friday it was time to add some more legs, so another condor was overlaid on the existing one.  Here is the current picture:

As you can see, it is currently skewed to the bullish side.  The 1325 short calls are still at only a 13 delta, so we have a little room before we need to adjust on the call side again.  I don't have a lot of confidence in the current rally, and if we get a little sideways or down movement it will be good for the overall position.  I'm also planning on replacing the extra call leg when I see the early price action on Monday.  That's it for now.  In spite of all the movement we're still in pretty good shape for a profitable month.

Good Trading...