No adjustments today. The upside delta is getting a bit high but we’re not at an adjustment point yet but will be soon. We’ll likely add a few verticals and if it spends about 2-3 days outside the tent then we’ll roll up the BFs. We’ll be aiming to be out before 14 DTE and hopefully before 21 DTE. This is how the trades will be managed going forward. I won’t be trading too close to expiration.
This trade has survived a lot of movement and is still profitable.
