ECB gave market better than expected stimulus package. After initial surge EURO started to move up and market pushing down. European markets ended around 2%. US indices recovered in the afternoon and closed flat. Trades may need more time to digest ECB's package and wait for FOMC next week.
There were 9 trades in IB today. Many of my near money expiring positions in RUT and SPY were closed. I will focus on the positions in ET tomorrow. Couple of my CS put for April 4 and 5 were filled. I made another mistake on a short term scalp today. I entered a RUT 1000 put for next week trying to get $100 to cover my hedging cost. It was quickly turn into $200 with Vega effect. I need to stick to my rules.
Risk factors improved. Margin ratio is near 40%. Leverage is at 35. I will try to take more positions out before FOMC next Wednesday.
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