Tuesday, April 5, 2016

Another Down Day 4-5-16

Indices gaped down following most Asian and European markets. DAX closed down 2.5%. SPX and RUT made several attempt to recover but still closed down 1%. FOMC Minutes will be released by 2pm tomorrow. It may produce some wild actions afterwards.

Had 6 orders today in IB. Four of them were hedging and closing positions. Sold two RUT naked puts. I also closed the error put with a little profit. Plan to sell some CS tomorrow if we get more vols.

Net liq and funds are both up thanks for the pull back. Margin ratio is back to 48%. I still don't know for sure how much the ratio could stand on what percentage vol increase. Talked to TOS on basic training in preparation of moving over.

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