Indices made a 2% down day. There were no any major event or news. Gaza and Ukraine are not the first day. Europe markets started the overnight gap down but no buyers in RTH. ES was down 40 points. This is a biggest down day in many months. My next Friday's 1910 bull puts is under water. This was a mistake I made on Tuesday. I sold it knowing the next day was FOMC. I cautioned myself not to enter a trade before FOMC. My habit of taking a chance took over my rules. I will need to take a stop loss tomorrow. Maybe it's time for a real correction?
Grains are mixed today. Corn and soybean are under pressure. Wheat had a 5 pts bounce. I sold couple of Nov and Dec calls and one Jan put for recovery. Corn looks like ready for another leg down and soybean's spot prices keeps falling.
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