My July NDX and RUT ICs expired worthless over the weekend. After the adjustments to roll out the call sides the ICs never needed further adjustment. After a few months of this I've come to realize that on paper these ICs are high probability but in practice the expenses of entering and rolling eat you alive. I admit that I've never really liked ICs all along and now I see why from a practical standpoint. I'll be moving to directional, high reward:risk trades in the next couple of weeks.