Markets turned around to the down side after yesterday's surge. Technically SPX & RUT retested yesterday's low and poked through a bit. US indices closed down 1% or more. Of course the up trend is still intact.
I had 11 trades in IB and ET. Closed couple positions in call side. Sold 4 CS in put side and 1 naked SPX put for May 3. Today's drop and new puts caused margin to the put side. I have only 1 spx 2090 call left for tomorrow's expiration. I will handle it in the afternoon after I am done with the deposition.
Most risk factors are back inline now. Margin ration is at 52%. I plan to take off couple of puts to reduce excess fees over the weekend.
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