My plan:
Europe and Asia have made new highs again. ES moved above yesterday's high overnight. It looks positive all over the places. I need to prepare for a big run up which may threat my bear calls. On the other hand I will try to sell puts on any pull back.
Grains holding in range and no sell off so far. I will stay in my course.
My execution:
Indices stayed up in a small range after a brief test of yesterday's high. I closed couple next week's put position including part of yesterday's scalping. I didn't get a chance to sell any puts. The up swing appears not over yet by the way of strong closing.
Grains recovered from early losses. Wheat performed stronger and closed above yesterday's high. I may be able to get out part of my wheat puts.
I will review this week's performance tomorrow.
No comments:
Post a Comment