NaughtyPines

BOUGHT TO CLOSE RUT/IUX APRIL 8TH 1050/1060 SHORT PUT VERTICAL

INDEX:IUX   Russell 2000 Index
Although today's upmove was fairly slight, the move -- coupled with a bit of volatility weakness -- was enough to get me out of the short put side of this setup for about a $50/contract profit. That isn't great, but the put side was a rolled spread that was a bit close to current price, so I seized the opportunity to close it out here.

I then proceeded to roll the short call side out another week and one strike higher and wider to the April 15th 1105/1120 for an additional .93 ($93) credit. I will probably match that up with an April 15th short put vertical or see if I can just exit the short call side in profit here in the next couple of days ... .

The beginning of earnings season is upon us after all ... .
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