Thursday, August 25, 2016

Waiting For Chair Yellen 8-25-16

The trading ranges were expanded a little more for indices today. Market explored to the downside but closed to unchanged. All eyes are on Chair Yellen's speech tomorrow morning. She is dovish in natural. I wouldn't know what market would react to her speech. It could take good news as bad news or the other way around. I just need to mind my risk control and for the weekend expiration.

Made 5 trades today, 2 of put closing, 2 ratio hedges and 1 SPY, Sept 3, 218 call rollover based on near the money rule. No any new position was added. I have two more near the money SPX bear calls to close or rollover tomorrow.

Risk profile went slightly lower, partially due to a $1500 payroll transfer out. Margin ratio is at 44%.




No comments: