This is not an ideal place to be adding long delta, but my core SPY             position's net delta is skewing a touch farther negative than I'd like, so I'm adding in a little long delta with small brush strokes ... .

The other thing is that by doing this, my units on the call side versus the put side become imbalanced, which is something you want to keep an eye on generally. This is because in an oppositional setup like an iron condor, the buying power effect of the entire setup is the same for the widest wing (you basically get the oppositional wing "buying power free"), so having an imbalance in units on the call side versus the put side isn't capital efficient.

Additionally, I'm putting this on in an extremely low volatility environment, so the premium I'm bringing in for the spread isn't great (it's about $43/contract).

But ya gotta do what ya gotta do ... .
Comment: The alternative to adding on new long delta setups would be to either roll up short put verticals toward current price (as long as there's enough time -- >25 DTE, and it's profitable to do so) or look to peel off in profit short call verticals ... . Here, I've got a bit of sidelined buying power, so I'm adding in ... .
Comment: Cancelled; opting instead to wait for short put verticals currently on to hit max profit ... .
If you just wanted more long delta why not buy a call vertical? Because you are not getting paid enough to accept the downside risk for 45 days. June might be volatile. You have brexit vote, FOMC, OPEC meeting and Greece debt payment.
Thought the better of it. Best to wait, let probabilities play out. I considered a long call vert, but figured I'd exercise patience (a major undertaking) ... .
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