Market followed through yesterday's pull back. I thought it was going to be a up day since futures recovered all of the overnight losses. RUT was leading the pack closed below last three day's range. But on weekly it was barely back inside B band. The surge may not finished yet. SPX only lost 0.2%. It may be just a slow day before Christmas. Any pull back is welcomed from my portfolio.
Made 13 trades across the board. My predicted margin for post expiry was in warning zone. I made couple RR ratio hedge to make it stable. I rolled 3 more ITM calls up to lock in some profits while the market is down. Margin is switched to the put side for now. I had to pay $150 to roll up 5 pts the deep ITM RUT 1100 with a inverted put. This may be a strategy to use from time to time. Also made couple IC 2 in other accounts. I may roll up more positions if we get a 3rd down day tomorrow as it may be very slow and choppy on the Friday before Christmas.
Net liq recovered another 10K at 143K. Margin ratio stays around 40%. So far the projected post expiry is OK for early next week. I will buy more hedges early next week if we see another surge for window dressing during the last week of the year.
No comments:
Post a Comment