Early in the day, it looked as though RUT was going to have another bad day but in the afternoon it turned around and closed with a gain of $6.22 or +1.02%. Unfortunately during the day it traded below 610 which triggered an adjustment on 2 of the trades. On the Feb 55 position, I […]
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1-25-10 Trade Update
Pretty flat day today. With the Feb 55 day RUT I decided to roll back the 610/650/690 call butterfly 10 points to 600/640/680 The current position looks like below: On the Feb 30 day method 1, I decided to take off the whole position at a very small profit and roll it down 10 points. […]
1-24-10 Trade Update
Wow, pretty bearish week on the market. Our sample trades, in general, are still doing OK. It appears, at least for now, that I made a mistake buying the 650 butterfly on the Feb 55 day position. I was confident the market would hold the 625 area and bounce, It did not. So, on Friday, […]
01-20-10 Trade Update
That pullback in RUT today felt good and all the trades are up money right now. The only change I made was to the February 55 Day Trade. I added a 610/650/690 call butterfly for $16.00. The new position looks like this:
1-19-10 Trade Update
I entered the 30 day trades today, the RUT method 1 and method 15 as well as the 55 day March trade. Unfortunately, I entered them early in the day and it would have been better if I waited. The February 55 day trade is down slightly after today’s move but is still only 1/3 […]
01-17-10 Trade Update
The pullback in RUT on Friday put the trade up some money and allowed me sell the 570/610/650 put butterfly at a profit and roll it up to a 580/620/660 put butterfly. I did this because we are near 30 days till expiration (DTE) and wanted to be a little closer to the market. Currently, […]