Yesterday's closing was a bullish indication for today. Bulls seemed not concerned about the releasing of Fed Minutes this afternoon and pushed prices up way before the release. There was no pull back after the release either. RUT and SPX closed up 1.6 and 0.56% respectively. It looks like they are ready to match to the new high after the year end pull back. I need to prepare for the worsening situation. I may have to transfer the 5K back from Etrade.
Made 9 trades today. Most them were ratio hedging and put exit. Sold a set RUT Feb 4 1500 bear calls for a client. I may sell one more set in my personal acct tomorrow if a new high is made.
Risk profile got hit hard today. Net liq lost 17.6K and down to 124.7K after the 5K transferred back to ET. Margin ratio is at 52% for now but next week is still in yellow warning line. I have it until Friday to get it covered.
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