Saturday, January 30, 2016

Weekly Review 1-30-16

This week is full of event, especially the late part of it.  FOMC, quarterly GDP, jobless claims were scheduled. Bank of Japan announced to make its rate below 0 was a surprise to many, including me. Friday US market reacted strongly to the positive side.

I ended this week with profit of $3580 without rollover any positions. It's a nice recover from last week's loss of rollover. I started to transition from ES to SPX spreads. It should be done by later Feb. Risk parameters improved at the end of the week. Buying power is back to 50% and net liq increased on this 2-3% surge. Premium collection is 5%, about $10800. Leverage is at 4, still not ideal. Strictly following my rules is still my weakness. I oversold calls yesterday. I need to keep calm and context during high volatile time. Step back and wait for things to play out.

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