Scotland decided to stay and Alibaba had a great IPO. I thought it would be a big day for this quadruple witch Friday. It turned out to be a boring, small range day. I had only one trade of ES in S-5. My available margin is below $50K now as grains went down further and I exited more of direct puts.
All of the three major grains made new contract lows. I exited my last Sept corn put of 360 for a 300% return. I got sucked deeper in soybean and wheat. CME is going to add more monthly futures for corn and soybean this weekend. It may help me to spread my risk a little better. I don't know how much volume these new listings will generate initially.
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