Wednesday, July 6, 2016

A Sigh of Relief 7-5-15

Indices pulled back near 0.6-1.5% today. I got a big relief on margin. It's a normal pull back for bull so far. I tried to sell more puts but had only two orders filled. Had 7 trades with 2 new positions and the rest are hedges and closing positions. I will try to sell more put spreads tomorrow if we get more pull back.

Risk factors improved. Margin ratio is at 31% and leverage down to 56. Still more work to do. I need to roll over my SPX 2110 call to next week tomorrow since we have to go to Clemson's orientation the day after.

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