SPX and NASDAQ made ATH again as crude oil popped 2.6% and monthly option expiration week began. RUT added 0.8% as well. RUT is not near making a new high but SPX make drag it up. This week may be a tough one for my portfolio. So many calls want to hold the market up and cash in. I also have some ITM positions need to rollover.
Made 9 trades today. Sold a CS of June 5 for a client and rolled a IWM ITM 139 call for me. The rest of them were hedges and exit puts. Another day without collecting premiums. I tried to split and roll up a RUT 1370 bear call but no fill. May try it again tomorrow.
Net liq lost 9.3K down to 145K. Margin ratio is above 60% after I bought 2 RUT calls to hedge it. I will use any pull back to roll my this week's ITM calls. Need to watch out ET's margins.
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