Market took a down turn opposite to last Friday's up tick. RUT led the down side test after MLK long weekend. RUT closed down 1.4% while SPX shed only 0.3% holding on 2265 CHVA. Both indexes are still in their current balanced, narrow range. The almost two week old squeeze pattern will results break out one way or another soon. The phrase on the market is "buy the election and sell the inauguration". I am not sure if the bulls would give up so easily. Anyway, the recent range bound and weakness helped me out. I have recovered some of my paper loses and rolled up many positions so it will be less harmful when and if there is another leg up.
Made 18 trades across the board. Sold some bull put CS and rolled some ITM bear calls. Also made hedges in RR ratio and ratio puts to bring up available funds for next week since the prediction was going to be negative after this week's expiration. I am glad to exit the 1390 bear call at my target. I had the urge to change my target but held it off. On the other hand I didn't hold the 1330 until end of this week as I planed. It may have a chance to expire this week if RUT break down from its current balance area.
Net liq got a 18K boost. Margin ratio is at health levels of 94 and 48% for now. I may be able to pay ET back some more of the loan before end of this week.
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