RUT Weekly Calendar Trade #9
Posted by Mark on June 19, 2015 at 06:40 | Last modified: June 17, 2015 11:47I opened my ninth weekly calendar trade Tuesday, June 9, at the 1250 strike. The market was at 1249 upon fill. I placed the order $0.05 off the midprice and caved another nickel after one minute. I got filled $0.05 off the then mark.
On the very next day, the market zoomed higher. I rolled one calendar to a 1275 call calendar with the market at 1268. The trade seemed to be down 15% in short order but the trade was now centered.
The market then traded sideways. My contingent order to close was triggered around 1:00 PM on Tuesday, June 16. This trade made about 12% in eight days.
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