The RUT actually went down today, wow! The trades are all the same except for the March 55 day trade which was adjusted on Monday. I sold off the 560/600/640 put butterfly and rolled it to a 600/640/680 call butterfly. Currently the position is still down about $100 or so and is shown below: The […]
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2-21-10 Trade Update
Another up day on the Russell. That makes 8 up sessions in a row and 9 out of the last 10 sessions. The March 55 day trade was adjusted a little by rolling the 560/600/640 butterfly up to 570/610/650 to keep the market from getting too far ahead of the position. The position is now […]
Trade Update 02-18-10
I’m short on time today, so I’m just giving a quick update on the changes. ANOTHER day up yesterday on RUT which is starting to sting a little. I made 2 changes, one change is that I sold off the 580 butterfly on the March 55 day trade and it now looks like below: The […]
2-17-10 Trade Update
Up, Up, Up RUT just keeps going up. I did not have time to post yesterday but quite a bit has happened in the last 2 days. On the February method 1, it was profitable, the operative word here being…. was. At the last update, this trade was at a small profit, but I was […]
2-14-10 Trade Update
The RUT pushed up much stronger than I expected Thursday and Friday. The Feb method 15 trade which was at our target on Wed got a little beat up with the large move Thursday and with the continuation on Friday, it was a little too risky to stay in the trade this close to expiration […]
2-10-10 Trade Update
The market has been behaving pretty well so far this week. Tomorrow is Thursday and we are getting close to expiration plus I’m going to be away for the day, and after the beating we took last Thursday when I was gone, I decided to lighten up the portfolio by closing the Feb 55 day […]