3-18 RUT 390P Calendar for $8.00 Closed @9.5 (19%)

3/30

Exited the trade at $9.5 after the RUT gapped down over 3%. 12days in trade ROC=19%

 3/23

3/18

RUT 390 Put Calendar

BOT +1 CALENDAR RUT 100 MAY 09/APR 09 390 PUT @8.00 ISE, RUT MARK 418.69,

Reason: Bearish

Risk management:

Adjust if close above 425.

BreakEvens (358,427)

RUT moved up 8.5% today. My loss target was hit. Will hold for now and get out when there is a small profit.