Market refused to go down. It took back all of losses from yesterday. SPX closed at another new high of 2175. RUT also closed at 1210. My accounts get squeezed again alone with expiration day draw down. We may see a new push before FOMC early next week.
Made 9 trades today. Most of them are margin hedges. I closed one 2200 call with a small profit. I have another one to close next week. At one time today I was totally out of buying power. I then sold a RUT naked put and rolled an ITM call up with a put to release some margin. I barely survived today. I will have to buy more hedges next week.
Risk is hanging on cliff again. Available margin is 7%, the lowest level since last Nov. The third year of summer slump continues. I still have a lot to learn to master this game.
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