Good thing I chickened out on the /es put side of the strangle. Came home and /ES had swung 40 points from high to low. WTF?!

Not to discuss politics but seems like our government wants to start a trade war, that’s all I could find for the big swing. That will not be good for the market but may be good for trading!

I had some #pietrades lined up for tomorrow but they are all ITM on the puts now or OTM on the calls so will just be rolling NSC, LNG, MAR, GM for more premium or in the case of GM and LNG taking assignment and start selling calls Monday.

SVXY headed the WRONG direction, that is not helpful at the moment but at least the adjustment seems to be tempering the drop.