RUT came within a few points from the stop loss. I was watching and noticed volatility didn`t drop by 5% as I estimated last night, making the stop higher than my original max loss for the trade.
Let me be positive about this trade: As per TOS, there is about 33% of probability the trade will be alright Tomorrow (see prob. of touching on risk profile). There is always a chance the market gets tired and fails from here. 33% chance... better than 0% :)
Contingent orders:
- Buy CALL spreads for .10c (GTC order)
- Buy PUT spreads for .10c (GTC order)
- Stop Loss @ or bellow 295, or @ or above 422.5 (Day Order)**
** Increase Imp.Vol by +5% to estimate down-side, Decrease Imp.vol by -5% to estimate up-side
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