Today is the Friday before Memorial Day long weekend. It looks like no one wants to push the market too far out either way. We have explored both ups and downs of yesterday. My two scalps of this weeks' puts will expire worthless. I am out of next week's 1710 call with 95% profit in 3 days. There is no point to hold 0.5% more profit for another week. I am glad this is a profitable week for selling options. I am focusing on managing risks.
On the other hand, I took a stop with DB on ZC and missed an entry on his ZC long which was profitable. My LE long didn't close above BBM as I expected. The pattern changed from long to short. However, after I exited at BBM it continued to push up. It would be better to manage risk from stop side instead of target side. One more lesson learned.
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