The markets meandered sideways on very low volume today. Minimal economic news was reported. The Case Schiller Housing Price Index fell 0.8% in October. The Conference Board Consumer Confidence Index dropped to 52.5 in December from 54.3 in November. This surprised analysts who were looking for a value of 56.1. But none of this news seemed to have much effect on the markets. The SPX gained $1 to close at $1259 while RUT lost $3 to close at $789. Obviously, most traders are on vacation. My Jan SPX iron condor position is essentially unchanged at a P/L of -$1479 with delta = -$100 and theta = +$116. The Feb RUT iron condor stands at a P/L of -$600 with delta = -$29 and theta = +$80. Enjoy the relaxing week; presumably, the action returns next week.