OPENING (IRA): RUT DECEMBER 24TH 1450/1500 SHORT PUT VERTICAL

... for a 5.00 credit.

Notes: Selling 45 days 'til expiry premium in the broad market instrument with highest 30-day implied. Manage at 50% max, 2 x credit received.

Trade closed: target reached:

Hit 50% max today. 2.50/$250 per contract winner, 5.0% ROC for 5 days' "work"/365% annualized.