Market took a pause today and closed within +-0.3% between SPX and RUT. VIX continued to losing ground despite that SPX was in negative territory most of the day. MACDs of SPX and RUT daily started crossing up. Next circle up is underway. RUT pushed into its balance area above but couldn't close within. It's likely to try again tomorrow. SPX may break new high in next couple sessions unless the last line of resistance hold.
Made 13 trades today. I had to close out my last IMT SPY 223C to void a possible assignment before Exit Dividend Day tomorrow. It was a $1.6K booked loss. I plan to put it back at higher strike to recover some or all of the loss. I still feel anxiety when I try to take a loss. I placed a market order last night without knowing how it works overnight. I only remember my prior assignments were filled around 3 AM. When I saw it didn't get assigned this morning I rushed to place my exit order right after open. Emotion without control is the enemy of trading. I also bought two gold miner ETF based on my reading in Wchat. I want to start practice some small directional trading. The rest of trades were mainly hedging and a SPX put spread.
Net liq suffered another 2.6k on a 0.2% RUT gain. Margin is slightly on put side now. It appears OK for this week's expiration. I will continue to change my current hedge to buying hedges with collected premiums.
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