RUT 18AUG EIP:
Trade Plan: This trade is currently in our Profit Target zone and we’ll work on unwinding it over the next few days. IF we’re bullish on RUT in the very near term, then we’ll remove T2 first followed by T3.
RUT 15SEP EIP:
Trade Plan: We’re still holding T1 and looking to add T2 with RUT trading above 1450. On the downside, we’ll look to either stop out or re-enter T1 with RUT trading below 1390.
SPX 31AUG ICBASE:
Trade Plan: We’re going to roll up 2510/2520 when 2510 call delta reaches 30. On the downside, 2370/2360 put spread showing mid price of around .45c and we’ll look to close it if trades below .40c
SPX 29SEP ICBASE:
Trade Plan: We’ll make adjustments when 2550 call’s delta reaches 20 and 2350 put’s delta reaches 25.
SPX closed at 2476 last week and on Friday, SPX weekly options were pricing in 23 points worth of movement (2500-2453).