I was expecting to see Dow to break that 20K line today since it was less than 60 point away from yesterday's closing. Market took a breath today to my surprise. RUT and SPX closed down 0.61% and 0.24% respectively. I suspect that market is awaiting for the Jobless Claim Report tomorrow. I thought that nobody cared about any fundamental news anymore. I expect the jobless report won't have much impact to the market unless it is a big surprise. Overall there is not even a daily range broken.
Made 5 trades today. Rolled 3 more this week ITM positions before I went to get colonoscopy. I am glad that my hunger game is over. Unfortunately I had my first IWM assignment today. My 12/30 128 bear call didn't get rollover yesterday as I thought I had a little more time. I sold the 100 shares for a loss of near $1000 with dividends that I have to pay. I intend to get it back once I am out of this crisis.
Risk profile got a break today with the market pause. Net liq is up 10K to 132K. Margin ratio is back to 42%. Although it may be temporary as most of the positions are ITM it's a breath time for me with a little more Theta decay. I will start to get more hedges on tomorrow.
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