There are expiration months that by now i am done and can start closing the position. For July that is not the case. The position had a good day. We had a little progress, what considering the market is stellar.
My downside adjustment point is still 20 point away. I should be able to walk away from the computer with an alert to my cell phone 15pnt under today's close. Theta will take care of itself.
I truly hope that none of you got hurt by this enormous chop. With a vix climbing, triple witching on Friday, the end of PoMo, I can only say "Be careful out there, surviving is the most important thing. That way you can play again when this volatile period normalizes"
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