Activity
The portfolio was down -5.29% and the SPX was down -12.51%.
The Apr SPY call and put spread were closed. I wanted to simply roll these out to Jun but the volatility made this prohibitively expensive. I did open up a Jun put credit spread but instead of purchasing another call I decided to go with purchasing a Jun call spread. The position subtracted 379 bps from the overall portfolio.
The remaining adjustment to the Mar SPX broken wing butterfly position expired. I added two May SPX broken wing butterflies. The position subtracted 131 bps from the portfolio.
The good luck position in Berkshire Hathaway subtracted 19 bps from the portfolio.
Cash was flat.