Wednesday morning

I'm not doing much other than holding lumber and nat gas. Lumber is forming an triangle, but can't get out of there for about a month. Trends are down, so the path to the downside is highly likely. I have a few more orders to sell lumber options. From this point, instead of scaling-in at 1 ever 30 pts, I'll go in 1, 2, 4 lots ever 10 pts. I need to take advantage of this price, but markets need to go down first.

For nat gas, I have 1 long and 1 short put. The put option will likely get an assignment, so I'll prepare for that. This morning, I called TradeStation to ask about futures options assignment. One guy picked and I can tell he doesn't have much experience with futures options. He ended up hung up on me as I was putting him into the corner by asking him some questions. He said he's gotta go.

I've never had a guy from trading desk say he's gotta go... So, I called back and talked to a supervisor, and of course this guy knows what he's talking about. I told him I'll file a complaint.
Basically, TS doesn't want to deliver any positions and since there's only 1 day between options expiration and futures expiration, they are extra cautious. In addition, nat gas big contract requires $50K, so I guess I understand.

Anyway, I'm looking to sell 3.5 put May options if nat gas continues go down. I need to be very patient, but I don't think I need as much patient as lumber.

Today's FOMC day. I don't know what markets are going to do. Bulls and bears both have execuses to move either way at this point. Just don't get caught during annoucement time.