SPX thoroughly test FOMC b/o point of last Wednesday. The trading was choppy so it didn't feel like a 20 point move. Market ended up higher on the boost of last night debate but didn't break prior day's high. It appears it stocked between two balance area. It may break out either way in Oct. But the primary trend is still up.
Made 8 trades today. None of them is premium collection. Closed 7 positions to reduce margin and bought one ratio hedge. Margin is back to call side again. I have rooms to add new positions now.
Risk profile is back inline now. Margin ratio is back above 50%. Net liq and gross position value reduced 1K due to the up move. Let's see if I can collect some premiums tomorrow.
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