COVER 1/3 of IWM Short @ $146.88

Covering 1/3 of IWM @ $146.88

Realized loss of $17.13 (13.20%)

This one hurts...but it makes sense to cover some of the position after today's sharp selloff. I think I'll be able to re-short it higher in a day or so.

Volatility has pulled back from its highs of the day, so we might rally a bit into the close and perhaps for a day or two.

I think the IWM could still fall significantly, but also need to risk-manage my positions.

I'm 10% long right now and don't know how to feel.