Thursday, February 16, 2012

RUT Setup

I am planning on selling a 860 call spread on the RUT if it clears the 804 area and is below the Alligator teeth. MAX Loss on the trade is $300 and a profit target of $600= 15 % return with $4000 at risk. I would be selling an 18 delta with a 84 % odds of it not expiring by the March Expiration.

I will adjust this strike after it clears my trigger area and alert at the 804 area. Will add to the trade in the event of a break below the Alligator Jaw

Currently we have acceleration of selling on the Awesome Oscillator and Acceleration De EXCEL oscillator.


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