After yesterday's big drop, many people including me expected a follow through sell off, especially Japan had a near 8% and European markets were down over 2%. I managed to take off couple long and short positions to reduce my risk exposure. They are over all break even. I took a stop on 1590 EoM put and felt good about following my rules. It was entered in a rush to begin with.
The market didn't tank after testing o/n low and couldn't break it. It was closed at yesterday's lower part. Tomorrow may not be a big move day since a long weekend is coming. I will try to get in far out of money put if there is a big drop. Otherwise, it will be next Tuesday to see what the market want to do. All of my positions are relatively safe now but small.
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