Trading recap Wednesday 27th of July

See full trading log here

Nothing but down for the S&P 500 futures and it closed the day down 26.75 points. VIX spiked through the key 22 resistance level and Crude broke lower through the 97.50 key support (recent range low).
All risk off basically.
Trading wise I kept on selling ES calls throughout the day and trading mostly S&P500 Emini futures. I was expecting lower prices when it gapped below the key level of 1325 and I was looking for move to at least 1315 and possibly 1311. But not 1299, wow the people that were buying on dips just got whacked as the rebounds were mostly just 1 to 2 points. The high volume and strong sell off into the close signals we have more to come.
I also did some adjustments in Crude, but the volatility has dropped in the short calls at 99.50 and 101 strikes that I have on. Will probably change the structure in the next few sessions.

I also added a bearish bet on the JPY, bought December put in the futures options and it corresponds to basically buying 79,36 calls for 234 pips. Will likely add something more to this spread as we go, but at the moment the volatility is rather low at 10%, so not too keen to sell too much until that at least go above 13%

Good luck