Window dressing continued to the last day of the quarter. Indexes briefly dipped after open. Buyers pushed it up, especially for RUT. It gained more than 0.5% for most of the afternoon. Sellers only emerged 15 min before closing. I had hard time to roll my RUT 1360 ITM call until the last hour of the trading day.
Made 10 trades today. Rolled out 2 ITM RUT calls for me and a client. One was near out of the money at beginning of the week. But RUT turned up pretty strong for the last four days.
Net liq lost 2.2K, recovered from 6.5K earlier when RUT was up 0.5%. The pull back in the last 15 min before closing helped to reduce a big part of damage. Margin ratio is around 50% for the weekend. I just have to deal with it one week at time.
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