Sep 16 – Trade Plan

    SPX OCT Rhino MONSTER

P/L: ~60,000-70,000

screen-shot-2016-09-16-at-12-24-04-pm

Getting close to profit target of $120,000. Any good 1.5-2% move down will get it at profit target and I’ll close it up. Good trade. If we get lucky and the move happens a bit later on, the profit can be a lot higher. I’ll be pretty quick to lock up profits as we get into next week since we’ll be approaching the 30 DTE level.

    RUT OCT Rhino

P/L: ~22,000

screen-shot-2016-09-16-at-1-10-36-pm

Getting close to the 37,500 profit target. Same thing applies as with the SPX one. Will start locking in profits and removing.

    SPX NOV Rhino

screen-shot-2016-09-16-at-1-13-40-pm

Majority of our shorts are at the 2120 strike and we’re up about 7,000. I have to consider rolling the structure down soon. If we go towards 2100 especially.

    RUT NOV Rhino

screen-shot-2016-09-16-at-1-15-01-pm

Majority of the shorts are at the 1200 area and any move towards 1190 will require me to roll the structure down @ a profit.

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