Here is the risk profile of one of my April trades. Nice and flat with some room to the downside. It’s not a typical Rhino since I’ve entered different tranches at different times (though relatively close). I’ll be removing tranches if we pass about the shorts to keep the risk in check. My first tranche is 990/950/900. If, at 2:30pm, we’re at 940, I will remove this BF and add another positioned below.
