Closing Trade : RUT

Stock / Symbol: Russell 2000 / RUT;

Option Strategy: butterfly call spread;
Trade entry date / price: Mar 23rd / $1265;
Price at this post: $1244.80;

Reasoning: Going to see if we can close out early for about 76% of the trade's profit potential. Using a GTC order as it may take a few days or more to get filled.

Trade Details:[private_monthly]
BTC -1 RUT Apr15 1300 call
STC 2 RUT Apr15 1310 calls
BTC -1 RUT Apr15 1320 call
for a max net debit of $0.15 per contract. (GTC order, limit order). The current mid is $0.20.

Max Risk: $935
Max Reward: $65 or 6.9% with RUT between $0 to $1300 and over $1320 by Apr 17th
Profit Range: $0 to $1300 & $1320+ by Apr 17th
Suggested Upside stop: $1295
Suggested Downside stop: NA
Profit / Loss upon fill: $50 or 5.35% (pre-commission)

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