{"id":1348,"date":"2016-05-03T20:25:31","date_gmt":"2016-05-03T20:25:31","guid":{"rendered":"http:\/\/www.travelsandtrades.com\/?p=1348"},"modified":"2016-05-03T20:25:31","modified_gmt":"2016-05-03T20:25:31","slug":"may-3-rhino-m3-trade-update","status":"publish","type":"post","link":"https:\/\/www.travelsandtrades.com\/?p=1348","title":{"rendered":"May 3 – Rhino M3 Trade Update"},"content":{"rendered":"

Good day on the markets. Patience and proper management is starting to pay off as all June trades are now profitable. I did add a few upside hedges for any bounce as it touched the 1118\/1120 area. Wanted to get things just a bit more neutral. We are 45 DTE and we’ve got a lot of life left in these trades and a lot of theta. <\/p>\n

The May trades will help act as a downside hedge as any move to 1050 will make those very profitable. They are in the “dip” and each day I make sure to keep them theta positive by a good amount. They have very little to no upside risk.<\/p>\n

June Rhino M3 (P)
\n# of Units: 30
\nPlanned Capital: 750,000
\nCurrent P\/L : 5,224
\nMax Draw Down: P\/L: -18,000
\nCurrent P\/L(%): +0.6%<\/p>\n

\"Screen<\/a><\/p>\n

June Rhino M3 (D)
\n# of Units: 16
\nPlanned Capital: 400,000
\nCurrent P\/L: 4,156
\nMax Draw Down P\/L: -11,000
\nCurrent P\/L(%): +1.1%<\/p>\n

\"Screen<\/a><\/p>\n

June Rhino M3 (M)
\n# of Units: 25
\nPlanned Capital: 625,000
\nCurrent P\/L: 5,029
\nMax Draw Down: -16,800
\nCurrent P\/L(%): +0.9%<\/p>\n

\"Screen<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Good day on the markets. Patience and proper management is starting to pay off as all June trades are now profitable. I did add a few upside hedges for any bounce as it touched the 1118\/1120 area. Wanted to get things just a bit more neutral. We are 45 DTE and we’ve got a lot … Continue reading May 3 – 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_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},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[26,36,28,29,33,31,32],"class_list":["post-1348","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-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-lK","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/1348","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=1348"}],"version-history":[{"count":1,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/1348\/revisions"}],"predecessor-version":[{"id":1352,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/1348\/revisions\/1352"}],"wp:attachment":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}