ES had its first red day in the last 8 days. Although small bulls looked a little tired. Central Bankers are having their annual meeting in Jackson Hole, WO. Yellen's talk made the market drop and pop. I sold 2 bull puts, 100 pts OTM and three weeks out in a small pull back this morning.
Grains moved up in small range. It basically is still in consolidation. I sold one set of Dec 710 bear call. Corn and soybean didn't have fill. I also took out a set of Oct 520 puts as it's near 50% value left. I will buy it back at different strike. Wheat closed weak today. It's very much affected by Russia/Ukraine tension.
No comments:
Post a Comment