Indices pulled down to the mid of BB in the morning session. Bulls push it back before and after the Fed Minutes release. It appears that Fed members are divided on the rate hike. Fed is loosing its credibility on not following its own plan. SPX closed back in positive territory while RUT couldn't recovery fully. When the market couldn't be pushed down then it will stay up or break out to the upside.
Made four trades today. Closed RUT 1240 put and rolled SPX 2140 which is deep in the money. Luckily I collected some decent premiums. The other two were ratio hedging. There are three more ITM and ATM positions I have to roll or close tomorrow.
Risk profile stayed about the same. Margin ratio is at 50% and leverage at 104. I may have to buy more of hedge for next week since there are 2-3 rollovers tomorrow.
No comments:
Post a Comment