Hi All,
I repositioned the Sept 55 day trade yesterday during the morning. In hind sight, with the huge 45 point up move in the RUT yesterday, it would have been MUCH better if I waited till the afternoon but I was up some on the position and saw an opportunity to reposition as well as reduce my position size so I took it.
I sold the 750 and 770 butterflies and bought a single 650/700/750 put butterfly. This morning the position shows that it is is currently up $400 and is shown below:
That’s it for now, happy trading!
John
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