Nov 19
8:34am
Traded 10-lots 760/765P; 800/805C iron condor
Premium $0.80
RUT = 785
Delta 13, 14
RVX = 19.44 (good-sized decline as the market rallies)
10-lots
5 minutes later, midpoint is $0.95 and deltas are 12 and 19
Nov 20
8:51 am
paid 10 cents for put spread.
bidding 40 cents (too low right now) for call spread
Nov21
12:44pm. RUT = 797.26
Undecided: Hold for Friday AM settlement (always a high-risk idea) or pay up to get out today.
I do have a 30 cent bid entered, just in case there is a sell-off.
The opening is higher and it is almost a guarantee that the 800 call will be ITM
5:01 pm Nor sure if this is correct, but one source says that RLS is 801.72. If accurate, I paid $1.72.
I have to wait until the end of the trading day to see the official settlement price for RUT.
The symbol for that price is RLS.