This is a position I closed out of as an adjustment on a CMG 472.5/477.5/495/500 short Iron Condor. When the stock moved down greater than the 1 standard deviation move, I closed 472.5/477.50 put spread portion of the iron condor and purchased the 470/475 for a debit of $250.12 after commissions and fess to reduce the potential #314.00 profit I was paid to enter the spread to $63.88. In hindsight I could have waited and maintained the profit, but I hate to lose.