Home › Forums › Income Trades › November Reverting Butterfly in RUT › Reply To: November Reverting Butterfly in RUT
September 18, 2013 at 6:49 pm
#2237
Steven Place
Keymaster
After the no-taper rally, the RUT is now 20 points above our initial purchase point. Now is a good area to pick up our 2nd butterfly:
Buy 1 Nov 1000 Put
Sell -2 Nov 1050 Put
Buy 1 Nov 1100 Put
Debit: 11.00