Friday, October 6th, 2017

August NDX and RUT Trades closed

The market is up 200 today with NDX and RUT up 40 and 17 points at one time. This could be a follow through day as per Investors Business Daily- perhaps. I took the opportunity and closed both trades as the theta ( time decay ) is minimal and its tying up margins in our accounts

NDX bull put spread closed for Net debit= $0.35 Net profit = 1.10
RUT bull put spread closed of Net debit = 0.10 Net profit = 0.35

You can hold on till expiration, nothing wrong.

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