Tuesday, January 31, 2017

A Turn Around Tuesday 1-31-17

It appears that turn around Tuesday played out. RUT refused to go down with SPX which was an indication of the underlined strength. RUT closed up 0.66% while SPX erased most of its loss. Both of them parked on their upper side of balance areas. We may see a FOMC rally. MACD and RSI are tangled in mid as well. 

Made 6 trades today. Sold 2 SPX puts CS for clients. My orders didn't get filled. I filled an IC 2 put side for RUT in ET. No trade in IB. Rolled an RUT ITM call for client. I neglected to actively hedge my margins as the monthly options expiring today. Available funds are down to 13k tonight. 

Net liq gave back 9K with RUT's 0.66% pop. Margin ratio fall to low edge as well. I will have to hedge my portfolio aggressively before FOMC tomorrow. 

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