01/12 NDX Directional Butterfly

This is a strategy I've tested late last year and decided to roll out live in a small position size to begin with. The goal is to use the 5-day volatility chart to indicate when to start a bearish or bullish position. This is a bearish trade instead of a non-directional approach.

I have set up a stop/limit order, but am not 100% sure it will execut properly, so will set it up as an alert on TOS and work with a hedge to exit if needed.