ATO Setup:
1. Buy puts on Sensex ETF (PIN) -$232
2. Buy calls on Gold ETF (GLD) +80
3. Buy calls on R2K ultra-short (TWM) +8
4. Sell R2K +10
5. Sell Crude +144
The strategy paid off, sort of. I did not notice the .70 spread on the PIN calls when I closed out, so I got smacked with the gold finger knuckle . . . but I fought back. Working on a string of up days - my first in a long time.
This is the smallest up day I have ever had, so do the math or check the blotter, but I want to reiterate my position here: "I will take green over red no matter what!"