Market got another shot from Trump's promise of tax reform announcement. All three indices break out made new highs. RUT popped 1.5% but still short of making ATH. I think it will catch up to the others. So far the highs are held. We may see a new trading range if no pull back soon. I am in a hot seat again.
Made 9 trades today. Rolled out 2 expiring RUT ITM calls and collected some premiums. Sold one call spread for a client. The rest of them were hedges and exiting put positions. I need to buy more calls tomorrw to hedge my margin for next week.
Net liq's lost 20K today. That leave the account with another 1.5% tolerance for the upside of RUT. I have to wire funds from ET or close small call positions if RUT continues push up which is likely at this point.
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