The volatility early in the session helped us go one-for-two in our fills on Monday. The movement helped us get into our second RUT spread for February, but wasn't enough to help us get filled in the OEX spread. For tomorrow, let's leave our OEX alert the same just in case we get another drop on Tuesday.
NEW TRADE ALERT (1)
S&P 100 INDEX (OEX)
OPENING 425-415 FEBRUARY BULL PUT SPREAD (10 contracts)
Sell 10 February Puts at 425 strike price
Buy 10 February Puts at 415 strike price
Total Credit 0.40 per contract
Potential Profit $400.00
Once Filled, Use a Conditional Order: Use a Stop or Buy Market if Touched Order if stock reaches $427.50.