SPY 1/3/2 Butterfly Trade Update

Ok I'm back to my good self again! Apologies to those expecting more updates and more details in my posts but I was recovering from a self induced beer coma (I am human after all!). I exited the above trade on Thursday's session for a $0.42 debit. ie a loss of $27 per contract after accounting for the initial credit. Reasons for exiting were pretty clear for me. As mentioned earlier in one of my market updates during Thursday's session, the market internals and the trend of the ticks were extremely bullish and so there was no point in holding onto the trade as my prognosis was that the market was going higher.