Hedge Added on RUT Butterfly

RUT Monthly Iron Butterfly

RUT inched high enough Friday to force me to put a upside hedge on the position which was a Apr 670 call at 5.40 debit. The position lost 5% on the day and is down 11% overall and nearing the max loss point.

SPX Iron Condor

SPX was up a couple of points Friday, but despite the negative delta of the position, the IC gained another 1% and is up 3% overall.

HAS PCCRC

HAS was up .04 Friday but the position took a major hit dropping 6% to a 4% loss overall. Falling IV was the culprit. 

FDO PCCRC

FDO was also virtually unchanged Friday and the position lost 1% and is down 7% overall.

AAPL PCCRC

The AAPL PCCRC also lost 1% on falling IV and is down 4% overall. 

CREE PCCRC

The CREE PCCRC was the only PCCRC to rise in value Friday posting a 1% gain and is up 21% overall.