Jun 21 Market Review

Well, the US market did an about turn & decline sharply last night. And so we have been warned of volatilty this year. Asian markets today seem to be holding out fairly well on their own. I bought back my N225 Jul 20000 calls at 1 pt to release some margins. I won't be placing anymore new trades this month in the US market as I have met the income target for the month plus I need to ensure there is enough funds for margin increases against my existing positions just in case. This is very important. However, I will be looking to open more Aug or Sep N225 calls when the opportunity presents itself. I would have to square off some N225 Jul 195000 calls to release some margin first.