VIX continued to be elevated most of the day. Indexes played out to the down side. SPX and RUT gave back most of their recovery before closing. VIX closed above 15.7 for the first time after last Nov's election. Market is concerned about the North Korea tension. SPX and RUT are in lower and mid of their current ranges now.
Made 14 trades today. Finally exited my first naked bear call for at least 3 months. It's a big relief for the account. The exit price wasn't perfect but was my plan. It RUT had gone the other way It was less than 6 point away from 1380 when it opened this morning. I was able to put in hedges for both side today. Sold couple SPX and RUT put spreads in my account. Also sold a TSLA May bull put when it went down 4% after reached ATH a few days ago. It was 25% away so I think it's fairly safe for now.
Net liq got a 15K boost with RUT down 1.25% and SPX down 0.4%. Margin ratio is above safety level and projection is fine for the weekend. Margin is still on call side right now. It could switch to put side if we get a strong down day tomorrow or I sell too many puts. I will watch out for it.
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