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31 AUG RUT Butterfly

Homepage Forums Income Navigator Gabe’s Trades 31 AUG RUT Butterfly

This topic contains 8 replies, has 1 voice, and was last updated by  Gabriel S 3 years, 8 months ago.

Viewing 9 posts - 1 through 9 (of 9 total)
  • Author
    Posts
  • #18838

    Gabriel S
    Keymaster

    I’m starting a new RUT butterfly. I will layer up to 3 butterflies to scale into a full position as RUT moves up.

    Planned capital: 1.5K-2.5K
    Profit target 33%
    Max Risk 33% of planned capital

    Order Ticket

    Order ticket

    Risk Profile

    Risk Profile

    • This topic was modified 3 years, 9 months ago by  Gabriel S.
    • This topic was modified 3 years, 9 months ago by  Gabriel S.
    #18853

    Gabriel S
    Keymaster

    RUT above 1790 triggered the first adjustment.

    I’m adding a 2nd butterfly centered at 1770

    New Profile:

    #18858

    Gabriel S
    Keymaster

    Adding the 3rd tier:

    Order Ticket:

    New Risk Profile:

    #18861

    Gabriel S
    Keymaster

    RUT keeps rallying.

    I’m going to roll the lower butterfly up by closing it and opening a new one 20pts above the upper fly.

    Order Tickets:

    New Risk Profile

    #18872

    Gabriel S
    Keymaster

    Market rallied after FOMC meeting:

    I’m closing all of the butterflies and opening a new one centered 20pts below current price.

    T1 closing order:

    T2 closing order:

    T2 closing order

    T3 closing order:

    Opening New Tier order:

    New Risk Profile:

    • This reply was modified 3 years, 8 months ago by  Gabriel S.
    #18878

    Gabriel S
    Keymaster

    RUT keeps rising. I’m adding another tier 20 pts up from the previous short strike

    Order ticket:

    New Risk Profile:

    • This reply was modified 3 years, 8 months ago by  Gabriel S.
    • This reply was modified 3 years, 8 months ago by  Gabriel S.
    • This reply was modified 3 years, 8 months ago by  Gabriel S.
    #18884

    Gabriel S
    Keymaster

    RUT just keeps rising. Deltas are starting to get a bit too negative which will hurt the position if RUT keeps moving up. I’m rolling the lower butterfly up 40pts.

    Current position

    Order tickets:

    New risk profile

    #18889

    Gabriel S
    Keymaster

    RUT keeps rising:

    I’m rolling the lowest butterfly 20 pts above the higher one.

    Order tickets:

    New Risk profile:

    #18894

    Gabriel S
    Keymaster

    RUT just keeps rising and is hitting our max loss.

    Closing order:

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