RUT: Holding Steady at 780

The RUT is doing a great job at holding it's line in the 770 to 800 area as we get close to moving in to expiry week and the Fed Announcement. For those with any RUT Iron Condors this is probably the best you could have hoped for moving into Friday.

If Friday proves to be another nothing day or moves up a bit it should give plenty of downward buffer zone for those who still have or are trying to buy back their bottom legs.

We're starting to look at possible Oct RUT Iron Condor levels, but are being cautious as we await Tuesday's announcement.
(We'll talk more about Oct on tonight's conference call)

RUT Daily Chart