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Apr 26, 2021 11:48 AM

Can go in range - sell options!! 

ProShares UltraPro Russell2000Arca

Description

Oversold at present. Hence, will be selling 110 PUTs expiring in month time. RUT is the only index oversold among other major US indexes (SPX, DJI and NDX). If assigned will sell 30 day calls for 110.

Tripple leveraged - trade with caution and with proper risk management.

Comment

Has not broken range in last 6 months. Still selling PUTs and covered calls.

Comment

Even after 9 months, RUT is still to break range. Can we expect a breakout soon.
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