I was hoping maybe we could get a little bit more of a sell off, but it doesn't look like it is going to happen. With most of our trades expiring this week, I decided to just take the losses and move on.
SPX Jul 1940/1945 Bear call spread was closed for $2499 loss. This was a 96% loss on our investment.
RUT Jul 14 1170/1180 Bear call spread was closed for $12 loss. No real % loss on this trade.
NDX Jul 14 3775/3800 Bear call spread was closed for $3086 loss. This was a 98% loss on the trade.
DIA Jul 14 169/170 Bear call spread was closed for $1819 loss. This was a 70% loss on the trade.
Taking into account the profit from the earlier trade this month, this puts the account down $6,682 for the month of July so far.
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