Well, it was just too much too fast. Right before Labor Day, this is a perfect day to unload positions. Everyone comes back fresh and rested next week to start the real trading season off once again.
I made one trade this AM, and I am now done. I have a few OTM puts on the NDX 100 contract, that I will now hedge for a move higher on this current retrace we are in. The calm before the storm, IMO.
Trade Log:
1a) Buy to open: 1 contract, PUT NASD 100 IND SEP 1825CBOE 09/20 @16.60
1b) Sell to close: 1 contract, PUT NASD 100 IND SEP 1825CBOE 09/20 @17.80
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