June RUT Elephant (2)

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<b>Second June RUT Elephant after the first one was closed</b><br />
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<b>Trade Details:</b><br />
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4 June RUT 1030/1020 Credit Put spread @1.00 credit each<br />
2 June RUT 1440/1450 Credit Call spread @1.00 credit each<br />
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2 June IWM 145 Long Calls @0.49 debit each<br />
1 June IWM 105 Long Put @1.42 debit <br />
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<a name='more'></a>Net Credit: $360<br />
Max Risk: $3,640<br />
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Risk Profile<br />
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<a href="https://1.bp.blogspot.com/-TD3zb7bTzgM/Xrv_rYRXnyI/AAAAAAAAGxc/XRO4oxYrxOEdxOJ7vKbI2oZj5KxTYCT5ACNcBGAsYHQ/s1600/RUT-Elephant-June-2020%2B%25282%2529.PNG" imageanchor="1"><img border="0" data-original-height="421" data-original-width="1318" height="204" src="https://1.bp.blogspot.com/-TD3zb7bTzgM/Xrv_rYRXnyI/AAAAAAAAGxc/XRO4oxYrxOEdxOJ7vKbI2oZj5KxTYCT5ACNcBGAsYHQ/s640/RUT-Elephant-June-2020%2B%25282%2529.PNG" width="640" /></a></div>
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RUT Chart for future reference:<br />
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<a href="https://1.bp.blogspot.com/-mF085nykRDw/Xrv_wvN3fCI/AAAAAAAAGxg/EoHCAPxLHzwx6D0ukHCBnI3KLweTSgezACNcBGAsYHQ/s1600/RUT-Chart-20200513.PNG" imageanchor="1"><img border="0" data-original-height="875" data-original-width="1253" height="446" src="https://1.bp.blogspot.com/-mF085nykRDw/Xrv_wvN3fCI/AAAAAAAAGxg/EoHCAPxLHzwx6D0ukHCBnI3KLweTSgezACNcBGAsYHQ/s640/RUT-Chart-20200513.PNG" width="640" /></a></div>
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<b>Trade Update – May 26, 2020</b><br />
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Things didn't go well. Getting out at a scratch basically<br />
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4 June RUT 1030/1020 Credit Put spread @0.05 debit each (+$380)<br />
2 June RUT 1440/1450 Credit Call spread @4.30 debit each (-$660)<br />
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2 June IWM 145 Long Calls @2.49 credit each&nbsp; (+$400 gain)<br />
1 June IWM 105 Long Put @0.16 credit (-$126 loss) <br />
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Combining it all it is a <span><b>$6</b></span> loss, on a $3640 max risk, this represents a <span><b>-0.2%</b></span> return on risk<br />
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<a href="http://www.the-lazy-trader.com/p/options-trading-results.html" target="_blank">Check out Track Record</a><br />
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<b>Go to the bottom of this page in order to see the Legal Stuff</b></div>
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