Well that was fun. My timing couldn’t have been better for all you folks looking to fade my moves. If you missed it, pay better attention next time 😉
I will do one roll of this then I’m probably done. I spent way too much time in rollout hell the last couple of years with these positions and I’m not keen on getting back into that game. But for now:
Rolled 8/28 3355/3380//3485/3510 iron condor out to 9/2 3375/3400//3505/3530 for .20 credit. Short puts 19 delta, short calls 36 delta. In exchange for the upside room I have donated 3 more days to the trade. Let’s see if we can’t get a little 20-30 point pull back in the SPX.