{"id":15354,"date":"2011-11-01T14:45:52","date_gmt":"2011-11-01T18:45:52","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=15354"},"modified":"2023-06-08T11:53:49","modified_gmt":"2023-06-08T15:53:49","slug":"the-continuing-saga-of-decembers-rut-bearish-butterfly-trade","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-continuing-saga-of-decembers-rut-bearish-butterfly-trade","title":{"rendered":"The Continuing Saga of December&#8217;s $RUT Bearish Butterfly Trade: Insights and Analysis"},"content":{"rendered":"<p>Last Thursday&#8217;s rally, probably a dim memory at the moment, was so strong that our trade methodology called for us to add a third butterfly and roll the original two butterflies up 60 points each such that the new position is comprised of three\u00a0 50 point wide butterflies centered at 720,740 and 760.\u00a0 As of\u00a0 last Thursday,\u00a0 the position\u00a0 was as follows:<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/11\/DEC55-10-30-11.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-15355\" title=\"DEC55-10-30-11\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/11\/DEC55-10-30-11-300x161.png\" alt=\"\" width=\"300\" height=\"161\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/11\/DEC55-10-30-11-300x161.png 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/11\/DEC55-10-30-11-1024x550.png 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/11\/DEC55-10-30-11.png 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The sell off which has taken place over the last few days\u00a0 has improved the P and L of the trade significantly, but it is still very early days in the larger story of this trade.<\/p>\n<p>John Locke<\/p>\n<p>Locke In Your Success, LLC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Thursday&#8217;s rally, probably a dim memory at the moment, was so strong that our trade methodology called for us to add a third butterfly and roll the original two butterflies up 60 points each such that the new position is comprised of three\u00a0 50 point wide butterflies centered at 720,740 and 760.\u00a0 As of\u00a0 last Thursday,\u00a0 the position\u00a0 was &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/the-continuing-saga-of-decembers-rut-bearish-butterfly-trade\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":741,"featured_media":15355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,1402,1373],"tags":[4688,4698,1646,1598,4693],"class_list":["post-15354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","category-options-education","category-trading-lesson","tag-options-education","tag-options-mentoring","tag-options-spreads","tag-options-strategies","tag-options-training"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Continuing Saga of December&#039;s RUT Butterfly Trade | SMB Training<\/title>\n<meta name=\"description\" content=\"Follow the continuing saga of December&#039;s RUT Bearish Butterfly Trade and improve your trading skills today.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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