It was a volatile week indeed in both indices and grains. The Swiss Central Bank's decision not to hold a guarantied exchange level really spooked the forex market and spill over to equities. Many funds have had to raise money to cover their margin requirement in Euro which dropped 30% for a moment when the decision was announced. I logged in a small gain ($660) with only one RUT holdings to expiration due to tight margin. I exited rest of positions for other trades. Next week is going to be interesting with grains options expiration. I am still underwater so far due to grains rollovers.
No major mistakes happened this week. Emotionally I have had fears of grains snap back. I have been actively locking profit with any 50% gains. Some of the trades didn't make much sense. Couple of the risk reversals were the 2nd or third times already. I need to have specific rules using seasonality and stop out measures. I need to overcome the fear of losing and be patience especially when the positions are OTM and in expiration month.
I learned couple more options strategies in KST chat group. The options ratio with a debt spread and an additional position for premiums is inspiring.
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