The markets are bearish again like in January and could continue dropping. Last week we exited the RUT Bull Put trade and recovered the cost to close this trade by rolling to a new RUT Bear Call trade expiring in April. We have eliminated any risk of a loss if the RUT Index continues to drop. We will exit the NDX and IWM Bull Put trades the same way next week if these indexes continue to drop. We will not incur any losses this month.
The SPX Bull Put was never filled last week for .30 cents and is now canceled. With the markets continuing to drop all new Bull Put trades are very risky.
No comments:
Post a Comment