October RUT Elephant

Trade Details:

4 October RUT 1300/1290 Credit Put spread @0.80 credit each
2 October RUT 1750/1760 Credit Call spread @0.90 credit each

1 October IWM 174 Long Calls @0.66 debit

Net Credit: $434
Max Risk: $3,566

Risk Profile

RUT Chart for future reference:

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Trade Update - September 30, 2020

 

 Closed position entirely

4 October RUT 1300/1290 Credit Put spread @0.17 debit each (+$252)
2 October RUT 1750/1760 Credit Call spread @0.05 debit each (+$170)

1 October IWM 174 Long Calls @0.04 credit  (-$62)
 

Total net profit +$360,  +10.1% Return on Risk

 

 

 

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