US indices moved to yesterday's high overnight. After initial selling out of gate market held and rallied into closing. ES broke yesterday's high and moved into gap zone. I think the trade is to prepare for Friday's job report. VIX also fall below 30 and closed at day's low of 26.
I took this break to roll over some of my puts in RUT and SPX. My margin is back to 40K. I also sold some calls to finance my rollovers since they don't cost me any margin for now. I need to be more aggressive in rolling SPX tomorrow if I get a chance. There is still a good chance that market rollover to test lower before or after job report. I need to be prepared for the worst just in case. It's a matter of fighting to save my account. I can't just hope for the better outcome.
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