Indexes were choppy and explored the down side of their current balance area. Nothing is broken by closing. I suspect that market is building energy to try for another leg up if the inauguration speech provide some clarity of policy issues and market likes what it likes. If it break down instead it will be to my advantage.
Made 4 trades in which all of them were hedges in both side of RUT. It was the 2nd day without collecting premiums. It's OK to stay on the sideline waiting for a major event to unfold.
Risk profile looks better with RUT's 0.9% retreat. Net liq popped 10K. Unfortunately these gains are easily erased with a 1% up in RUT since I don't have any OTM bear calls. Let's see what tomorrow will bring.
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