Looking at all of the data out there, I’m pretty comfortable holding on for the next 9 days on both of the SPX and RUT positions that I’ve got open currently.

Based upon a quick analysis in the tools from thinkorswim, the SPX has about a 0.13% chance of expiring above 1430 and the RUT has about a 4.17% chance of expiring above 810. Both of those numbers are pretty good! I could lock in some profits on the RUT right now to take a bit of risk off the able, however I’m happy with a 40 point cushion.

As with last month, if I see a huge spike, I don’t have any problem changing my mind; I just don’t see that as necessary right now. I’ll post updates as needed.

Categories: Papermoney