Not much going on. Trades gained some value today. Nice little down day in the SPX and flat for the RUT.
I entered some March Rhinos
50 x RUT:1290/1340/380 @ 2.19
75 x SPX 2120/2200/2260 @ 4.00
A bit far out but I do like to enter around 88DTE anyways.
I’ve converted most of my Jan trades into more M3 like structures today with the drop. I worry about a slow grind up for the rest of the holidays so figured I’d jump in front of that with some calls and futures hedge. Low volume rarely gets sold into. I do expect some January weakness though.