No major change Today except for the fact the vols dropped a lot in anticipation for the long weekend. I would not want to be selling any position at this point given we don’t really know what Tuesday will bring, but usually it is a larger than usual day... I am glad I’ve cut my vega exposure Yesterday this way I didn’t get too bad.. Ideal scenario would have gone all the way to negative vega, but I didn’t want to add capital to the position provided I was already at max loss and around the 2nd cut and roll level.
