There's plenty of red this morning and we plan to take advantage of it. We think this should allow us to go back to our original strike prices that we were shooting for on Monday in the RUT. At the same time, let's raise our credit and see if the index will come to us.

NEW TRADE ALERT (1)

Please Note: This is a Day Order and a Limit Order.

RUSSELL 2000 INDEX (RUT)

OPENING 450-440 JULY BULL PUT SPREAD (15 contracts)

Sell 15 July Puts at 450 strike price

Buy 15 July Puts at 440 strike price

Total Credit 0.50 per contract

Potential Profit $750.00

Once Filled, Use a Conditional Order: Use a Stop or Buy Market if Touched Order if stock reaches $455.00. For auto traders, we will send in a close-out order if this happens.

As always, Trade Happy and Trade Smart