Indices made another attempt to break their current ranges to the downside but bulls stepped in to hold it at few ticks below last week's lows for SPX and RUT. We may see if it's the sprint board for another leg up or bears will keep selling until the bottom breaks.
Made 4 trades today. Two ratio hedges and two closing puts. No premiums collected for a third day now. I was expecting RUT make a 1% down but it didn't come to the level I wanted to sell. I will wait for it come to me. Let's see if a turn around Tuesday comes to play after today's not very strong rejection.
Net liq increased 54K on a - 0.31% drop of RUT. Margin ratio is back to the acceptable level after adding 2 RR ratio hedges for next week. I will buy more hedges towards end of the week.
No comments:
Post a Comment