• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

IWO Trading Floor

Become a Great Options Trader

  • Customer Center

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 Place
Keymaster

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.

Primary Sidebar

This is the Forum Sidebar Widget Area. You can add content to this area by visiting your Widgets Panel and adding new widgets to this area.

© 2021 Global Profit Systems International