It was a rangebound market again today. Indices tested yesterday's lows in the morning and met with buyers. Market closed slightly lower. If it keep punching the lower side it may eventually knock the bottom out. Or buyers could step in and take it to the upper side and try to make a new high for this year after the election settled.
Made 5 trades today. Sold 3 scalps in IWM and SPY during the morning drop. Also bought a ratio hedge in SPX puts for Oct 5. I tried to sell GLD and TLT strangles for 2nd day but no fills. They have been really choppy in a small range.
Risk profile stayed above my standards. I have ammus to use once it breaks out one way or another.
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