RUT Iron Butterfly
I was looking at adjustments to the RUT Iron fly today but RUT hit resistance at 625 and backed off, relieving the pressure on the position at least during most of the day. It is usually not good to have to adjust the second day of a trade. The position ended up losing 2% and is down 5% overall. If RUT is up tomorrow I may be looking at adjustments again.
HAS PCCRC
HAS was up .40 to 35.43 today and IV rose slightly on the long options, giving the position a 1% gain and is up 3.5% overall.
FDO PCCRC
FDO hardly moved today up 0.13 to 32.42 dropping a small amount of volatility which caused a 1% loss and now is down 6% overall.
AAPL PCCRC
AAPL also went down today and IV dropped about 1% in the longs causing a 2% loss today and a total of a 3% loss.
CREE PCCRC
CREE rose 0.51 today to 63.46, but IV dropped over a percent giving the position a 1% loss and 20% gain overall.





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