LTOptions at a 33% discount during the Year End Holidays.
Tell me More

Tuesday, October 3, 2017

November RUT Unbalanced Iron Condor

As explained over the weekend, going with an Unbalanced Iron Condor instead of an Unbalanced Elephant this time with RUT
Trade Details:

20 November RUT 1390/1380 Credit Put spreads  0.53 Credit ($1060)
5   November RUT 1580/1590 Credit Call spreads 0.99 Credit ($495)

Net Credit: $1,555
Days to Expiration: 44
Conservative Call side size once again, playing the 4 to 1 ratio of Puts to Calls which will allow me to not have to worry about the Call side unless RUT reaches 1,575

Profit picture:
(Click on image to enlarge)

A RUT Chart for future reference and self-study:
(Click on image to enlarge)

If you are interested in a responsible and sustainable way of trading options for consistent income with solid risk management, consider acquiring LTOptions, my options trading system to the last detail.

Check out 2017 Track Record

Go to the bottom of this page in order to see the Legal Stuff

No comments:

Post a Comment