To paraphrase Ghalib as far as MTM is concerned-main na achha hua bura na hua. It's stagnant. Adverse directional Move has eaten away today's Theta Decay and also some of the weekend. Delta is also not very healthy. Will think over weekend how to handle this with event coming up

Bought 5x10400PE at 120

Not a great day for the Trade. Took losses both on account of Direction and a full point increase in Vix. But still mildly Profitable. Nothing to do except to hope for a rebound and cool off in Vols. Will add another 5x10400PE if it goes down another 100 Points