NFP came out at 255K v.s. 180K expected. It was a strong number 2 months in a roll. Market reacted positively. S&P made another all time high of 2183. RUT also made a high of 1231. It's about 60 points away from its all time high of 1292 from last May.
With this new leg up my accounts got squeezed further. Made 8 trades today. 4 of them were exit targets in puts. The other four were buying hedges on the call side in order to survive in margin requirement. My predicted available margin was below 10K. I am dancing on the edge of cliff. I may have to reduce the size of my my ITM calls by covert 2:1 at lower strike to bring my margin up next Monday.
Risk profile is at dangers level again. Net liq dropped to 155K, the lowest level on my records. Leverage reached 109, also the highest on my records. I have some near the money positions expiring next week. It's going to be a tough battle again unless we see some decent pull back soon.
No comments:
Post a Comment