My plan:
Indices futures popped on 3rd quarter GDP revised to 5% this morning. ES is siting on a all time high of 2083 before open. I will try to close a ES 1900 this week expiration and look for sell a month out ES or SPY. No fade the pop for now.
Grains are still in small ranges. Wheat tested support / CLVN at 622 and held. Corn and soybean maintained slight bullish postures. I will continue looking for opportunities to lock in profits and reduce risk.
My execution:
I closed 3 corn positions and 1 each soybean and wheat. The soybean was a stop loss of a bought put. I also rolled down two wheat bull puts to lock in profit. Bought a corn call of next month with a risk reversal to hedge my bear calls.
No trade in indices. My stops and targets are in place. Couple of my RUT bear spreads are shaky and need to be monitored closely. I tried to sell IWM naked puts with Karen's set up but no fill. IWM requires less margin which suit my current margin condition.
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