Back to my work station after nine day CA trip, a college tour plus vacation. I will review my activities of the vacation week in this weekend's report.
I had to exit all of RUT 1200 bear calls in Etrade and IB with an average $140 loss per contract because RUT was flirting above 1200. I didn't want to let it floating around without any risk control. I didn't get the best price to fill but I followed my plan. My loss is smaller than I expected. I live for another day to trade.
Grains continue to fall after USDA's 6-30 bearish report. It looks a good harvesting year for all major grain producing regions. My August wheat and corn are underwater again. I will re-access my positions and plan to take stop out instead of rollover. I will sell more bear calls on any pull backs to recover my losses.
Equities are still in bullish mood. I didn't get a chance to sell any puts or calls. I will see what the job report will bring tomorrow morning for a half trading day. Also be prepared to exit my SPY 1280 bear call if a new high push it ITM.
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