The volatility is such that I'm just not getting good risk/reward setups. I think stocks are likely to hold in here if not rally again. There is a trade now to buy NQ's at 1185ish with a 1171 stop, with a 1305 target. But the market has to close higher or it may be an exit on close. (Will likely raise levels as market and the day progresses).
I think it is ok to be short stock index put premium (credit put spreads) and long ten year note puts or put spreads. Late yesterday's and earlier today's volatility is why I like to couple futures trading with option positions.
There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results
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