It was a renewed upward push on Monday. RUT booked its 12th consecutive up days. SPX closed its all time high of 2198 on high of the day. It appears there is more energy to go further which is showing in ES on the evening session. We may see a gap up tomorrow morning. It's more and more like the surge after Britexit. Hope the market will take a breath or get a turn around Tuesday.
Made 7 trades today. I took a 10K hit on the rollover of RUT 1105 call. There will be a bigger one when I roll 1140 call. I am paying the price again for my undisciplined actions again. This is 2nd draw down during 2016. I sold another SPX 2280 call for 12-30 in both Lao Dong and QII acct. I should have waited after the break out. I will work adding more hedges tomorrow.
Risk profile continues to deteriorating. Net liq dropped another 5k to 133K now. Margin ratio is down to 45%. I really feel the heat and frustration. Need to keep my head cool and focus on disciplined action.
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