My plan:
Indices moved up overnight with European market. ES is back to challenge last week's high and test the last HVN. I will sell puts if SPX and RUT pull back beyond the gap fill.
Grains fail but still within range. Planting progress and weather are in focus. Get to work on wheat as my last underwater holding.
My execution:
ES fulfilled overnight stats to the down side and closed today's gap. I was hoping it will close Monday's gap so I can sell some puts. It didn't happen and I had no new orders got filled. There were three of puts positions closed. I am at 47% margin now. Let's see if the gap below gets closed tomorrow.
Wheat challenged $5.00 mark but couldn't close above it. I tried to rollover my 540 position with partial risk reversal. I will be more aggressive tomorrow.
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