Option Investor
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NEW SEPT. CPTI POSITION

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NEW SEPTEMBER CPTI POSITIONGood Afternoon One and All,

The market still looks strong, so we try to keep ourselves out of harm's way with a bull put spread on the RUT.

With the RUT trading at about 685.

Sell 12 September RUT 630 puts
Buy 12 September RUT 620 puts
Credit of about $.85 ($1,020)

Cushion is about 55 points with a lot of support levels above the short strike. Maintenance is $12,000.

Remember to adjust the number of contracts to your account size.

Take care and trade smart.

Mike

PS. Make your reservation for a CPTI 2-day Advanced seminar today!
October 15/16 - Denver, CO
November 5/6 - Detroit, MI
Contact me at Contact Support for further details.

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