Indies kept going ups and downs without a direction. They turned to the down side today while market is awaiting for tomorrow's FOMC minutes. VIX is above 15 now with these 1% ups and downs. RUT is weaker than SXP. Current B bands indicate the pull back may not go too far. I like the range bound for now since I added more puts and Dalta neutral now.
Made 5 trades today. I sold couple more July's put spreads in both SPX and RUT. Made a June 4 SPX IC in ET. I will go further out in date and strikes this week if market continue to go down.
Risk factors are similar to yesterday. I have plenty of dry powder to us if needed.
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