Another profitable week. My total realized profit is $3987 largely from wheat recovery. Indices options only generated $800 for the week. The low vol environment continued. There were not many selling opportunities. ES/SPX made new highs but stayed in a small range. So far sale in May and go away hasn't happened. It didn't happen last year as far as I remember.
There have been many discussions regarding Karen's trading style, especially the risk part of it. Some of them are insightful. Such discussions help me to learn more different selling styles and considerations. I am more aware of the risk and became more conservative now.
Wheat finally popped above $5 which helped me to exit most of my May positions with a profit. I have stayed out of corn due to the down trend of seasonal.
No comments:
Post a Comment