Thursday, May 25, 2017

SPX ATH At 2415 5-25-17

Indices futures moved up overnight. SPX gaped over its last resistance area making new highs throughout the day. It closed above 2415, up 0.44%. On the other hand RUT lost most of its gains and closed flat. It even went negative for awhile. Crude oil fall down 5%. Let's see if this new high will hold or fall back quickly like last several times. VIX closed below 10 again.

Made 12 trades today. Rolled my last expiring call for this week and collected $120 in IBP. Bought couple RUT call hedges and sold RRs in SPY and IWM. Not much income was generated.

Net liq stay in the same range of 150K. Margin ratio is above 50%. The predicted liquidity for the weekend is in safe level. I will not be sitting at my desk tomorrow but will monitor the market on the way to DC.

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