New 2.5 Day OEX Iron Condor

OEX IC

I opened a new OEX IC today with OEX near 532. The short strikes are at 550 and 510. Although the P/L is currently negative, the condor is fairly centered with 2 days to expiration and a 89% chance of expiring in the profit zone.

RUT IC

The RUT IC is inching towards profitability and at the current price of 698.58, would reach it next Monday. It would get there sooner if IV drops back down. The position lost 0.5% today and is down 4% overall.

WHR PCCRC

The PCCRCs have done well this week with the rise in volatility. WHR leads the three and is now up 12% overall in 10 days. The entire risk graph is now above the zero line despite WHR dropping 10 points since the position was opened.

TPX PCCRC

The TPX PCCRC is doing fairly well, despite the fact IV was really too high and IV skew was around 4% when I opened it. Today it was up 3%, and overall it is up 6%.

CTXS PCCRC

The CTXS PCCRC was up 3% today and has gained 8% overall. Again these are VEGA gains as the underlying has dropped to 46 since I opened the position near 50.