With a strong export data this morning grains popped again before open. I got my last piece of 1260 out for $10 less but my 1250 didn't get filled. Too bad my direct put was pushed in to negative territory and filled at -$460. I didn't follow my plan of scale out 1 before. I have only 1 of 1250 left and it must be exited by tomorrow. There is a possibility of losing more if the price fall much below today's range. It may be wild since it's the option expiration Friday. Grains were faded back to yesterday's range after open. Corn even made a new low but buyers stepped in. It looks like a decent bottom for now.
ES made entra-day new high of 1987. The much expected ES 2000 is only a through stone away.
I am looking at bond options now. Both 10 and 30 yrs have weekly and margins are reasonable. But volume looks like concentrated in near money area. Price movements and volatility are much smaller than grains.
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