We are not adjusting the November RUT Iron Butterfly a second time today.

As outlined in the trade guidelines, it is recommended adjust the monthly Iron Butterfly no more than once per day. We adjusted it earlier today by rolling up the call spreads 20 points.

It may be necessary to make the second adjustment tomorrow; an update will be posted if that course of action is recommended. The next adjustment will be to roll the call spreads up 20 points once again, placing the short calls at 1160.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin