tag:blogger.com,1999:blog-5375291312433129989.post4876264113667587213..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: November 2014 RUT Credit Put SpreadHenrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5375291312433129989.post-27213988088805779402014-09-22T23:11:42.749-04:002014-09-22T23:11:42.749-04:00You were able to get further away from the market ...You were able to get further away from the market than me for the November RUT trade. If I had made a trade today, I would probably end up getting the 1000/990 credit put spread to take in more credit. Instead I have the 1020/1010 position which I added more today for 1.00 credit. <br /><br />My next move is to wait for RUT to fall to 1100. If it happens this month, I want to sell a December 950/940.<br /><br />Like you I feel we are closer to a short-term oversold condition. For it to fall another 10% in the next few weeks would require some major economic or world news. Anything can happen but this scenario is unlikely.<br /><br />BTW, your October RUT iron condor is perfectly delta neutral today.<br /><br />You can follow me on Twitter @lienjonathan where I tweet my 90% probability credit spread trades in real-time for free.Jonathanhttps://www.blogger.com/profile/14635010979050643513noreply@blogger.com