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.
Note
Has not broken range in last 6 months. Still selling PUTs and covered calls.
Note
Even after 9 months, RUT is still to break range. Can we expect a breakout soon.
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