Added more RUT

Sold ten AUG5 14 1125/1120 Bull Put spread for a total initial credit of $16.00.

Opened new RUT trade

With RUT touching the lower BB, I decided to open the following trade:

Sold ten RUT AUG5 14 1130/1125 Bull Put Spread for a total initial credit of $15.00.

Taking the losses on SPX, DIA, NDX, RUT trades from May

I was hoping maybe we could get a little bit more of a sell off, but it doesn't look like it is going to happen. With most of our trades expiring this week, I decided to just take the losses and move on.

SPX Jul 1940/1945 Bear call spread was closed for $2499 loss. This was a 96% loss on our investment.
RUT Jul 14 1170/1180 Bear call spread was closed for $12 loss.  No real % loss on this trade.
NDX Jul 14 3775/3800 Bear call spread was closed for $3086 loss. This was a 98% loss on the trade.
DIA Jul 14 169/170 Bear call spread was closed for $1819 loss. This was a 70% loss on the trade.

Taking into account the profit from the earlier trade this month, this puts the account down $6,682 for the month of July so far.

Closed RUT trade

With the recent sell off in RUT, I was able to close out one of our RUT trades for a profit. Closed the Jul4 14 1200/1210 Bear Call spread which was opened on 6/19/2014 for a $736 profit. This was a 38% return in 28 days.

June Results

Since all of our trades are still open going into July, there were no changes for the month of June.