The result of French election didn't spark a massive rally as the first run of the election. Instead European market closed in red for the day. US futures were muted as well. SPX briefly made 2401 of an ATH then fall back below the high but holding the range. It's still likely for SPX to reach 2315-2425 area if we get a follow through this week. RUT is diverging from SPX and Nasdaq. It closed down -0.4% recovered from a 0.8% loss earlier in the day.
Made 8 trades today. None of my bull puts were filled. Volatility is still very low. It closed below 10 for the first time in years. It may go even lower if the rally continues. Market has no fear. All of my orders were hedging and exiting put.
Net liq gained 7K paper money. Margin ratio is back to 50% after I bought 2 RUT OTM calls. Continue to hang in there without immediate possibility of exiting any ITM bear calls.
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