Rhino Trade system is a bearish broken wing Butterfly with 70-days to expiration with a Robust Adjustment Strategy.
The Rhino trade has a very flat Profit/Loss line initially, which is why it can handle large market moves with relative ease.
While the trade starts out 56 to 84-days to expiration, the trade is exited normally within 30 to 35 days of entry.
The Rhino trade has several objectives:
Easy to Manage
Profit target of +10% on capital with an average of 5% to 6% return on capital per trade
Can safely overlap two months
Bruno, the author of this option trading system, trades the RUT and SPX indices and sends out trade alerts via email and SMS text message in real time.
Trade messages, screen shots, weekly trade reviews, trade history and more are on the Rhino member web page.
You can ask Bruno questions about the trade on the member web page or in the live trade review webinar Bruno holds after closing each trade.