With the failure of the up move from Tuesday, I decided to sell the 860 call butterflies on both the June trades this morning. The June 55 is now a single 830 put butterfly once again and the June M15 is back to a single 820 point put butterfly. I was lucky and able to pull the 860’s for $24.00 so I only lost about $40 each on them. So all is good.
The July trade remains the same.