I was able to get out of the January method 1 trade at a small profit of $156 after comissions this morning. The capitol in the trade was $3359 which makes a return of about 4.5%. Certainly not one of our better months but I’ll take 3 trades with 3 wins. OK the only thing […]
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01-12-10 Trade Update
The market was flat on Monday and no adjustments were made to any of our positions. The lack of movement was great for our trades. As for today, RUT was pushing down a little and considering we are really close to expiration and the 30 Day Method 15 was up over 10%, I decided to […]
1-10-10 Trade Update
Well sometimes the market will not cooperate. We had a target of of $1500 on the January 55 day trade and this could have easily been hit with a little pullback on RUT last Friday, but since by midday it looked like this was not going to happen and it was the Friday before expiration […]
01-06-10 Trade Update
Another flat day on RUT today. I adjusted the 55 day trade to bring down Delta a little today. I sold the 570/610/650 put butterfly and rolled it up to 580/620/660 AND sold the 600/640/680 call butterfly and rolled it to 610/650/690. The new greeks are Delta -32.12/Gamma -6.58/Theta +146.69. Profit/loss is now +826 and […]
1-5-10 Trade Update
The RUT closed down a little but in reality was basically flat. The Jan 55 day trade gained a little and is now up around $700. The plan is still to get $1500 but we will need a little cooperation from the market to do so. Here is the Jan 55 Trade: During the day […]
Jan and Feb Trade Update
Big move up in RUT today. Something our positions did not need. The Jan 55 day trade was adjusted slightly to bump our theta a little. I rolled the 560/600/640 Put Butterfly to 570/610/660. The trade lost some today but is still up $413. Our target, still $1500. The 30 day Method 1 got slammed […]