New Trade Entry: RUT Put Credit Spread for March; order filled.

Order executed for this new position:

SOLD RUT March 16 1470 Put, 10.10 credit.

BOUGHT RUT March 16 1440 Put, 7.30 debit.

Order was filled as a "Vertical" for $2.80 net credit (all four legs).

Margin/Risk is calculated by the width of the wings ($3,000), less credit received.

Margin/Risk for this week's trade: $2,720.

Trade Management:

Target Gain: 5% of margin

Max Loss: 7% of margin

Below is the risk graph of this week's position as shown on my broker's platform:

RUT March 16 Put Credit Spread:

Below is the RUT chart showing the short strike:

RUT 6 month chart

Trade updates will be posted as appropriate.

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

Dot Hazlin