{"id":1248,"date":"2016-03-08T23:39:55","date_gmt":"2016-03-08T23:39:55","guid":{"rendered":"http:\/\/www.travelsandtrades.com\/?p=1248"},"modified":"2016-03-08T23:39:55","modified_gmt":"2016-03-08T23:39:55","slug":"mar-8-rhino-m3-trade-update","status":"publish","type":"post","link":"https:\/\/www.travelsandtrades.com\/?p=1248","title":{"rendered":"Mar 8 &#8211; Rhino M3 Trade Update"},"content":{"rendered":"<p>Finally, we got some semblance of a pull-back (-2.5%). It&#8217;s what I needed but still I could use another 1-1.5% \ud83d\ude42<\/p>\n<p>I adjusted in two lots, one at the beginning of the day and one towards the end. When we were at around 1075-1077, I felt it responsible to start adding some call BWBs and some calendars at the beginning of the day. I then added in some more ATM rhino&#8217;s to add theta to the trade. I then removed some of my very most bottom Rhinos towards end of day. I obviously wish I adjusted everything towards the end of the day but with the way RUT was moving, I didn&#8217;t want to take the risk. The down move allowed us to recover a bit and I added more theta into the trades. Tomorrow, I&#8217;ll continue to get the trade more neutral and in a good place for any upcoming move in any direction. I am probably about half way to break-even now on the trade from its lowest point. We&#8217;ve got 2-3 weeks and a lot of theta. Crossing fingers. Hopefully we can end the month break-even on a 16% up move. <\/p>\n<p>Looking at May trades tomorrow as well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finally, we got some semblance of a pull-back (-2.5%). It&#8217;s what I needed but still I could use another 1-1.5% \ud83d\ude42 I adjusted in two lots, one at the beginning of the day and one towards the end. When we were at around 1075-1077, I felt it responsible to start adding some call BWBs and &hellip; <a href=\"https:\/\/www.travelsandtrades.com\/?p=1248\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Mar 8 &#8211; Rhino M3 Trade Update<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[26,36,28,29,25,33,31,32],"class_list":["post-1248","post","type-post","status-publish","format-standard","hentry","category-trades","tag-bearish-butterfly","tag-broken-wing-butterfly","tag-john-locke-m3","tag-john-locke-rock-trade","tag-m3","tag-rhino-m3","tag-rhino-m3-trade","tag-rhino-trade"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5IMbd-k8","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/1248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1248"}],"version-history":[{"count":1,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/1248\/revisions"}],"predecessor-version":[{"id":1249,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/1248\/revisions\/1249"}],"wp:attachment":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}