Indices end with 4th up day with smaller gains. SPX and RUT gained 3+% for the week. A very impressive turn around after two days' Brexit sell off.
I am paying the price of over loading positions. I still don't have a specific number to limit the number of open positions. My available margin was below $20K at one time today. Comparing it with over $100K two days ago. I had to spend over $50 to buy calls to bring my margin up to $40K at end. I rolled over my DITM RUT 1105, 1125 out to July 3 and collected some premiums. I need to stick to my rule of roll over whenever a position is At the Monday. I made 8 trades today mainly for rollover and reducing margins.
Risk factors are in bad shape. Available margin is at 23%, way below my safety line. Leverage is at 63. I will unload some SPY short next week to reduce my leverage.
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