The selling continued today. Market sentiment changed fairly quickly. SPX & RUT went down more than 1 and 1.5% respectively only partially before closing. So far it's a normal pull back. Both SYX and RUT are above their CHVN. Market still have more room before it turns bearish.
I had 10 filled orders across all of my accounts. Some of them are similar strikes of put spreads to form ICs. I bought couple of puts for May 1 and 2 to hedge margin. I sold couple June spreads. I need to go out further to void my travel schedule.
Risk is back in line now. Margin ratio is at 62% which gives me some firing power for next week. This week ended losing near $3400 due to rollover of the two deep ITM RUT calls. I need to enforce my rule of rollover when a position is at the money after the day of closing. Once it's deep ITM it's very hard to roll and collect premiums.
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