The small caps are crashing UP! Another day, another 5 points on RUT. This should be topping out in the next few days, just as soon as everybody and their brother jumps in. I was looking at the charts and there are only a handful of rallys this aggressive, so if your losing “market neutral” trades on RUT, that is nothing to feel bad about this month.
The March 55 day is still hanging in there. I added 3 – 650/680/710 butterflies today when the market pulled back around noon time.Currently the position is down $1811and shown below:
There were no changes to the April 55 day trade.