Blog

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 […]

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 […]

It was an interesting week last week. The Feb trades all got beat up pretty bad last Thursday and we were so close to the profit targets too. Oh well, you know what they say: Easy come, easy go”. We will need to see if we can get most of our money back this week. […]

Big down move in RUT today! I was skiing today and was absent for much of the hoopla. Remember when I said if RUT acted up I would just close the Feb 55 day position? Well, I missed the move. By the time I got to the computer it was 3:30, the damage was already […]

Well the RUT has been chopping around for the last few days. It would be nice if we could get another week or so of this! As for the positions, no changes on the Feb 55 day position. It is up near the profit target so basically, I’m staying in it but if the market […]

The move up in RUT Monday was good for our positions. All trades gained value yesterday. The only thing I did to the positions was to roll the 580/620/660 put butterfly back to 570/610/650 to flatten Delta a little on the Feb 55 day trade. Position looks like this as of 9:37AM this morning (Tuesday): […]