Today was a slow day for economic data and the markets traded modestly higher on lower volume. All of the major indexes, except for the Dow, posted gains today. SPX closed at $1332, up $3 and the RUT tacked on $4 to close at $826. Both were new 52 week highs for these indexes. Trading volume was down from Friday with 2.9 billion shares of the S&P 500; volume dropped 14% on the NYSE and declined 5% on NASDAQ.

My RUT Mar condor at 690/700 and 875/885 stands at a P/L of +$300 with a position delta = -$70 and position theta = +$93. My other Mar condor on RUT at 730/740 and 860/870 stands at a P/L = -$160 and delta = -$104 and theta = +$127. I will need to reposition these condors soon if this market continues its trend higher.

Don't forget your Valentine...