My plan:
Indices futures stayed down in a small range. ES/SPX could go both ways to test breakout area of 2080 above and 2046 below. My plan is to take out mature positions and sell more on either side as the prices in range bound.
Grains are acting weak again. Corn and wheat are still in the down range. I am thinking about to sell puts for recovery based on seasonal.
My execution:
ES/SPX didn't test the target below but the above. There were couple of selling attempts met with buyers at overnight low. RUT is leading the pack at near new high. It could pop or drop on tomorrow's unemployment claim report. The earning season is here again. I sold a set of RUT May 1320/30 call spread in Etrade. Tried Thomas's weekly vertical spread but no fill. I will try it again tomorrow.
Grains held steady. Several sell attempts were pushed back on wheat. I closed a call and put positions for May wheat. USDA WASDE report is tomorrow again. I will try to reduce my positions before the report's shot gun effect.
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