It was basically an inside day for indices with small gains. Earnings continue to be positive mostly. MACD is reaching top of its range on daily. SPX and RUT weekly are outside of BB top. BB daily still show room to the upside. It's possible that we will see another thrust up before the bulls let go of their gas paddle.
I continued to increase calls to increase available margins. Made five trades today. Most of them are twisted adjustment to fend off low margins. I am still paying the price of my undisciplined acts.
Risk factors worsened due to the expired hedges mainly. Net liq lowered to $161K and margin ratio is down to alarming 15%. I have to buy more calls to bring margin back and close couple short calls to reduce my size. I will have to do it in the morning before I leave to Anderson for the house inspection.
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