Indexes tested lower following the dip overnight. RUT and SPX closed -0.55% and 0.22% respectively. Both are closed on top of their prior ranges. Bulls are still alive and well unless we see follow through sale pressures. MACDs on daily are showing divergences between RUT and SPX. RUT is turning up while SPX is crossing down. Generally RUT is leading so I would lean toward to upside.
Made 8 trades across board. Made couple of roll ups and used risk reversal to add a small hedge in IWM. I made a mistake bought a naked put instead of selling it in a client's acct. I had to flip it and made a small loss on closing it. VIX stayed low despite of the down day. None of my put credit orders got filled except a large spread in ET to make of IC2.
Net liq upped 8K on RUT 0.55% drop. These rollover helped to reduce the impact of price of fluctuation. But it's still not enough to get me out of water. I may try rollover in different size and strikes. I need to get 1-2 short calls of my back.
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