The next few days may bring some volatility back to the markets, why?🤔 Tomorrow we have inflation data, namely the Consumer Price Index (CPI). Then on Thursday, we'll get Producer Price Index (PPI) data.
Since inflation is still a pretty hot topic, I decided to get out of the markets today with options. Iron Condor, which I opened yesterday, I closed again today, and took $22 out of it (appreciating 5% of allocated capital).
There was one put credit spread left over from Friday, which I also decided to close to free up some other potential trades. Here I raked in $28 (appreciation also roughly around 5 to 10% of allocated capital).
So in the end, I took my $50 today and will wait to see what the market offers next 👍.
And how are you doing today?
How about a bet on the VIX index? After all, there will be tension now, fear around these days and so it could go up? 😊 Otherwise, I'm still learning trading slowly and managed to make $40 on oil in two days now.