This morning's open put the RUT Credit Spread for July 3 in the "sweet spot" for us.

Below is a graph of the position just before our closing order triggered at approximately 9:55 am Est. to buy back the spread for .17:

RUT July 3 Put Credit Spread just prior to closing



Our gain on this position was $68 before commissions, the net gain after commissions was $64 which represents a 7.0%% of actual margin/risk and our target for the trade.

The SPX put credit spread for this week is still open; a trade update will be posted as the trade progresses.

Stay keen on your risk management and trade carefully,

Dot Hazlin