RUT 31OCT EIP (848)

[IgorKeymaster]

We’re going to put on an EIP trade in 31OCT expiration with about 50 days to expiration.
We’re using tiered entry for this strategy.

Tier 1. 1650/1700/1730 Put butterfly
Tier 2. 1670/1720/1750 Put butterfly (RUT trading above 1730)
Tier 3. TBD

We’re going to manage downside risk WHEN/IF RUT trades down to 1670.

Risk Profile:

NOTE: This trade fully scaled will require about 5K of margin per 1 lot.
Planned capital: $10,000
Profit Target: 15% of PC
MAL: 20% of PC
 

Order Ticket
Type	Asset	Duration	Strike	C/P
BTO	RUT	31OCT 18	1730	Put
STO X2	RUT	31OCT 18	1700	Put
BTO	RUT	31OCT 18	1650	Put
Total Debit:			0.40

[IgorKeymaster]

We’re 15 days in this trade. RUT moved from 1720 to 1703.

We’re going to remove some of the downside risk by rolling 1650 put up 10 points.

 

Order Ticket
Type	Asset	Duration	Strike	C/P
Buy To Open	RUT	31OCT	1660	Put
Sell To Close	RUT	31OCT	1650	Put
Total Debit:			1.70

 

Risk Profile:

[IgorKeymaster]

We’re going to lock this trade in with 33 days to expiration

 

Order Ticket
Type	Asset	Duration	Strike	C/P
STC	RUT	02NOV 18	1730	Put
BTC X2	RUT	02NOV 18	1700	Put
STC	RUT	02NOV 18	1660	Put
Total Credit:			4.30

 

Risk Profile:

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