Weekly Portfolio Analysis 12th August 2017

As we were saying last weekend August is a month of historically high volatility, and the Thursday sell off backed the records.

$VIX woke up from the lows and reached a nice 17 mark, opportunity to start opening new positions even I would have love to see the momentum indicators a bit more oversold.

I entered 3 new Spreads, two PS and and one  CS

PS $SPX 3 Aug31 2300/2325 @ 1.6
PS $SPX 3 Sep29  2275/2300 @ 2
CS $SPX 3 Oct31  2575/2600 @ 1.8