The markets were generally under selling pressure most of the day with few exceptions in the biotechnology area. This isn't too surprising given the strength of the upward moves over the past couple of weeks. RUT closed at $616 and SPX closed at $1065, both a long ways from their nearest support levels. That suggests to me that the basic bullish character of the market has not changed; it is just pausing and consolidating a bit.

My Oct iron condor is basically unchanged at a P/L of -$1,285, delta = -$25 and theta = +$99. I'm just sitting on the fence here; if the RUT trades upward, I'll close the remaining 640/650 calls and sell my long Nov 640 call. If it trades sideways or downward, the position will strengthen and I will sell the Nov call when it starts to lose money. It may be a little boring, but most of the time is spent waiting on time decay when you trade income generation strategies. The trick is to watch it closely so that you adjust promptly when needed, but don't get impatient and trade just out of boredom.