Quick adjustments on RUT

So today was day 1 of the Dan Sheridan Options Mentoring Reunion and it was great. I was the first speaker, followed by mentor Dan H, Seth, Mark and Mark. Then talks by Tom Sosnoff of TOS and a Broker-Dealer guy and a market maker. And let's not forget seeing good friends/fellow students and meeting new ones, as well as a great meal in Greek Town in Chicago. Definitely a great day. Well, it turns out I'm sitting in my hotel room, the one I didn't expect to be in because I was planning on doing the 2.5 hour commute back up to Wisconsin. Dan Sheridan insisted that I stay in a hotel overnight, and since I only had two hours sleep last night, I thought it would be a good idea. Due to the long commutes both ways, I would have only gotten about 4 hours sleep tonight before having to turn around and head back down to Chicago. Definitely looking forward to tomorrow, especially on a few more hours sleep.

So today during the seminar, I made a couple of small adjustments. First of all, I entered an order to sell some calls on my high prob RUT iron condor. As previously mentioned, I have all my call spreads off, so in order to decrease my positive delta as well as increase my theta, I thought I'd sell some call credit spreads. The Jul 550-560's to be exact. After seeing the futures down, I wasn't too optimistic about getting a fill at the price I entered for my limit. Well, I got filled sometime during my presentation. I looked at the current mid and I got a pretty good fill. Of course, that was before RUT made it's big move up.

And due to the move up, and leaning fairly short deltas on my butterflies, I added a Aug 570 call to cut my butterfly deltas in half.

What can I say about my SPX now-double calendar? We moved up so much today (after converting it to a double calendar yesterday due to fear of the downside) that I'm now right at my original 920 strike. Unfortunately, my P&L is something like -13%. Yuk.

That's it for now. No pretty graphs tonight. Time to get some sleep.