The RUT added another 3/4% to its parabolic move yesterday and remains at record highs with record low RVX levels.
For the most part, this did not effect the trades, however I did add 10 860/870 call verticals to the February M3 position to reduce the positive Vega number and maintain positive Theta. Currently the mentioned trade is at about break even.
All other positions remain the same.
I am considering applying “into expiration” guidelines to the Feb Bearish Butterfly if the move continues but as of right now the trade is still in good shape.
That’s all for now, happy trading!