Market continued to recover some losses from 2 days ago. Today's price actions were very much influenced by news of the Healthcare Act from Congress. The prices moved up and down as the talk of deal on and off. RUT closed up 0.57% giving back almost half of its HOD and SPX closed -0.10% due to the delay of vote on the healthcare act. Apparently the ultra conservatives want to strip more benefits off of the bill.
Made 1 trade in correcting of the erroneous order I made yesterday. I took off the long puts and short calls. I left out the bull puts and bought a put to hedge it. This mistake cost me $160 so far. If that 4-7 132 bull put expires worthless then the whole pack will end with a small profit. If not I will book a loss. It reduced some risk for now. None of my hedge orders got filled today. It will be a busy day tomorrow. I have to hedge both side and deal with the RUT near TM 1360 call and 1340 put. One of them may have to be rolled or closed unless RUT close near 1350 area. It's a tricky satiation. I placed orders for ideal exit on both positions. I will take actions by 2pm unless it's a big trending day tomorrow.
Net liq gave back 3.7K at 157K now. I may have 3% cushion left above. Margin is at put side right now. Available funds are low, but predicted excess is fair for next Monday. I will see things may change tomorrow and act accordingly. Futures are up 0.5-0.3% so far tonight. It's all news driven now.
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