I made the adjustment that I referred to on Monday. Even though we had some downward movement I'm glad I did. I have a fairly short Delta position with my iron condor this month, so the positive Deltas of the Calendar adjustment provide a nice balance. The interesting part of today was that the RVX - tracking implied volatility of the RUT - barely moved. Apparently there isn't much fear in the market about this pullback being prolonged.
Busy week, so postings will be sparse.
Good Trading...
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