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Thursday, December 7, 2017

January 2018 RUT Unbalanced Elephant

Trade Details:

20 RUT 1390/1380 Credit Put  spreads 0.55 Credit ($1100)
13 RUT 1605/1610 Credit Call spreads 0.46 Credit ($598)

plus

10 IWM Long 161 Calls @0.25 (-$250)
I didn't add the Long Puts in this case

Net Credit: $1448
Days to Expiration: 43

Profit picture:
(Click on image to enlarge)


A RUT Chart for future reference and self-study:
The below chart screenshot was taken few minutes after order entry and RUT had started to move up.
(Click on image to enlarge)



For details about the management of Unbalanced Elephant positions consider an LTOptions.com membership, where there is also material that discusses how to put this type of position in small accounts too.

Check out 2018 Track Record


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

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