Indices stayed up overnight as European market stayed positive. Yesterday's pattern played out again. Market squeezed short and pushed to new high of the day before closing. I was able to close couple bear calls early in the morning since my margin went into negative pre market. I was puzzled by the figures as I had over $40K available funds last night. However my current margin rate of 25% is not enough. I need increase it to 50% to be safe. I am still call side heavy while the market keeps malting up. I may have SPX 2040 and SPY 204 go into money next week. I need to figure out a better way to roll.
I made a tracking sheet and entered couple more straddles in paper trade. It may be a better way to use my margin. I will monitor how it works.
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