Indexes were in a choppy session until the last 30 min of the day. SPX and RUT closed on their daily lows. SPS ended down 0.67% the largest down day in this week. RUT is down another percent. Traders don't want hold positions over the long weekend while North Korea satiation is tense and US just dropped a biggest bomb in Afghanistan. Even the better than expected bank earnings couldn't lift bank sector.
Made 5 trades today. I didn't want to commit too much over the weekend either. I rolled over one DITM RUT 1125 Call from next week to end of May. Sold one bull puts CS for each clients in SPX and RUT for end of May.
Net liq gained another 8K on today's down move. Margin levels looked better than expected so I didn't add more hedges today. I figured it would cost me less to do it on Monday since the margin is still on the call side. Of course it may be a totally different picture if a big event happens over this Easter weekend. I am glad that I bought more put protection yesterday.
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