Indices tried to break out high after a slow morning. They tried to rally later afternoon but got knocked back to last Friday's upper range. We may see a retest of the break out area soon. I may use the resting to sell some puts since margin is on the call side. It was a slow day for me too. I closed a SPY puts and sold a naked RUT put.
Risk is inline. VAR and ES are still elevated but fund is at 50%. We may see some actions tomorrow.
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