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 […]
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Happy New Year!!! January and Febraury trade update.
Happy New Year everyone! It’s been a few days since the last update but that is just because the position has not changed and nothing exciting has happened. We got a bit of a pullback on Thursday and that benefited all three of our RUT trades. As of today the 55 day January trade is […]
January Trade Update
Not much happened Monday on RUT so I left the 2 30 day trades alone and they look about the same as the last update. On the 55 day trade, I took advantage of the flat day and rolled the 550/590/630 butterfly up to 560/600/640 AND added the last 1/3 of the position by buying […]
February 55 Day Trade Entered 12/24/09
The February 55 Day trade was entered on Thursday AM. This is 1/3 the position. Our planed capitol on this is $5000 and the profit target is currently $1500. Our current plan is to add to this position when/if RUT=652.50
January Trade Update
Hope you all had a great Christmas! Sorry for the delay in postings but I was running around getting ready for the big day. Wednesday and Thursday were more of the same with a total of about another 11 points on the RUT. This constant up move is beginning to put some pressure on our […]
January Portfolio Update
Today we had ANOTHER moderate up move in RUT. The 55 day trade lost about $220 today but is still in the green. We hit our adjustment point early this morning but I decided to wait to see if we got a pull back. We did not. So, I started looking at adding the 590/630/670 […]