Reply To: SPX MAY Iron Condor (382) Home › Forums › Income Lab › SPX MAY Iron Condor (382) › Reply To: SPX MAY Iron Condor (382) April 14, 2016 at 9:52 am #5391 IncomeLab (Old)Participant 2135 Call reached delta 20 and it’s time to adjust. NET delta of this position is -48. I want to cut it by 20 so I will pick up two 10 delta calls in MAY5 (47 days to expiration): BUY +2 SPX 100 MAY5 16 2170 CALL @2.60 LMT Attachments:You must be logged in to view attached files.
