vlions12

IWM Pull Back

Short
vlions12 Updated   
AMEX:IWM   iShares Russell 2000 ETF
A big run in the Russell 2000 this past week. Looking over bought on all levels and looking for a pull back towards the 50 day moving average (blue line shows divergence). I bought Oct 23 Exp $160 PUTS.

Not advice.
Trade closed: target reached:
Sold at the open with the price around $159. 90% return. I could have held on longer but not worth the risk of a bounce back up.
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