My Plan:
Indices futures have held up overnight with little movement. ES is above it's CHVA high of 2013. TF is struggling at Fib 50-62.8 RT area. I will stay away from selling SPX calls unless there is a clear rejection to the new high. I will sell puts for SPX when and if there is a drop down. I plan to fill June put and call spots for strangles and iron condors.
I will rollover more wheat when I get a chance.
My execution:
Indices traded in a small range today. ES had a 7 point range and closed near day's high. I closed couple RUTs to release margin and reduce fees. No new trade for the small range on the expiration day of the month.
Corn and wheat retraced some from yesterday's wild push. I had to deal with the dead battery issue of my car. I didn't get a chance to set up my rollover of wheat. However, I don't have any May wheat position under water for now. I just let them decay over the weekend for now.
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