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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, […]

Dec-09 Jan-10 55 Day Butterfly Vehicle RUT RUT Planned Capitol $5,000.00 $5,000.00 Max Net Investment /w Adj $5,028.00 $5,595.00 Target Profit per Plan ($) $1,500.00 $1,500.00 Max Loss per Plan ($) $2,000.00 $2,000.00 Actual P/L ($) $1,342.00 $1,015.00 Actual P/L this trade 26.69% 18.14% 30 Day Butterfly Method 1 Vehicle RUT RUT Planned Capitol $4,000.00 […]

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 […]

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 […]

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 […]

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 […]