The markets continue to largely track the dollar, which traded higher today based on both Bernanke's remarks prepared for the House Financial Services Committee as well as skepticism of a plan for Germany to bail out Greece's financial difficulties. RUT traded over a $10 range today but closed up less than a dollar at $596. The SPX gave up less than $2 to close at $1068.
My Feb RUT iron condor now stands with both call and put spreads right at plus and minus two standard deviations. The position is showing a gain of $2,234 with a delta of +$29 and theta = +$173.
The Mar RUT iron condor stands near breakeven with a delta of -$50 and theta = +$110.
Following The Dollar
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