It was a range bound but holding up week due to the Thanksgiving holiday. SPX held up well. RUT broke up to cross 1200 mark. Both are positioned to break the later Oct high or drop on the re-test. Too bad I have to leave next Tuesday. All of my positions are rolled to Jan 2 & 3 so I can deal with it when I come back.
It was a profitable week of $2K. I reduced some near the money calls to improve my risk profile. Most of my puts went into expiration worthless. My net liq/margin ratio is above 50%.. VAR is below $30K. I will buy more protections on Monday to reduce naked positions.
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