I said I was going silent for the holiday, but I couldn't resist the update on the triple calendar for this month. Just when I thought I was in for a sure adjustment, yesterday's strong down move was just what the doctor ordered. We moved down 20 points (ish) in the RUT, and Implied Volatility jumped... both great for the trade. Here's the latest P&L graph, which looks spectacular right now.
Good Trading...
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