Reply To: Scaling Butterfly in RUT Home › Forums › Income Trades › Scaling Butterfly in RUT › Reply To: Scaling Butterfly in RUT April 17, 2015 at 9:49 am #2071 Steven PlaceKeymaster This trade is up around 20% and we’ve got 30 days left to expiration, so this is the right time to exit out. Sell to close RUT May 1180/1230/1280 put butterfly @ 13.50 If you *wanted* to try and milk it further, you could simply buy some Jun call spreads to hedge your upside risk.
