A None Event 2-1-17

Fed didn't raise the rate as expected. FOMC statement seems not disturb the market much any more. Indexes closed basically flat. SPX and RUT closed Monday's gap above in the morning then fall back The attempts of making new highs were rejected for now. Are we going to stay in range bound until the job report until Friday?

Made 5 trades today. 4 of them were hedges in IB. Sold one RUT Mar bear call CS for a client. It turned out to be a boring afternoon. Had another day without collecting premiums. 

Net liq recovered 2K while margin ratio dropped due to the month end expiration. I will have to continue to hedge for next week since the projected excess liquidity for next week is less than 20K as of today. Futures are falling so far near 05% tonight. Watch out down side risk. I will adjust my approach before tomorrow's open.