Next up is the Russell "Low Prob" iron condor. This was started only a few days ago, on 5/20, and is already approaching the first adjustment point: when it hits 472.50, I'll buy one July put to cut the deltas in half.
Love the RUT...next is the RUT double butterfly. First is one centered at 490 opened on 5/12 which I'm up 20% on, then another centered at 500 which is roughly break even, which means for the entire trade I'm up just over 10%. Not bad, but hoping for a little more. If the market heads down early this week, I'll cut some deltas by buying one 460-500 call vertical.
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