Yesterday I had closed off some of my futures hedges at my pre-determined level of RUT @ 1260. So far it seems like a decent close. I don’t see us going much above 1260/1265 area as the upper trend line sits right around 1260 (but is rising hence the 1265/1270 possibility).
SPX Oct-D (Rhino)
No adjustments here.
RUT Oct-D (Rhino)
I have to address the upside risks here. I am going to look at some adjustments today at 1pm.
SPX Oct-M (Rhino)
No upside adjustments required.
I have to address the upside risks here. I am going to look at some adjustments today at 1pm.
SPX Monster Oct-P (Rhino)
The monster trade. This one is doing well. I have a solid 8% to the downside before any issues and I’ve got that hedged off on other trades until at least Sept 15. No adjustments needed here.