The RUT closed down a little but in reality was basically flat. The Jan 55 day trade gained a little and is now up around $700. The plan is still to get $1500 but we will need a little cooperation from the market to do so. Here is the Jan 55 Trade:
During the day RUT moved up past our adjustment point on the 30 Day Method 1 and the rules on this particular trade forced me to make an adjustment. I bought back the 570/590/640/660 iron condor and rolled the whole position to 580/600/650/670. This killed any chances of hitting the profit target of $900. The position is currently down $300 and the new target is $300. Here is what it looks like.
The 30 Day Method 15 is feeling much better today with Theta really kicking in. It is now up about $300. The target is still $1500 but we have a long way to go so we my end up taking less.
The Feb 55 is looking fine. A push up would help us scale into this faster but either way is fine for this trade right now.