Futures this morning are pointing to a lower open currently trading at 1135 down 7.50. Today could prove to be a great day with a volatility pop. And for all you who like trading by the moon and stars and psychic palm readings I have some pretty good superstitious info. Twice a year my dad goes to Dallas Texas for a trade show for his industry, and twice a year, ever year when he goes the market sells off, he is leaving today. Based on this seasonality the market should start to tick lower. I would NOT trade based on this info, but I thought I would post it for traders that like that sort of thing.
Currently I have on a Feb/March $RUT calendar that I purchased for $8.25 with a short strike of 640. The $RUT is trading around 643.99 and with the pull back that we get today and a volatility increase, this position should look good.
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