Wednesday, June 14, 2017

FOMC Come And Go 6-14-17

Fed raised the rate 0.25% as expected. Indexes didn't move much one way or another. RUT closed down 0.6% while SPX was flat. At this point any down move is good for me. We may see how the market will interpret FED's move. Futures opened lower tonight. Let's see if there will be a pull back to follow. 

Made 8 trades today. Rolled out 4 of 9 positions after FOMC announcement. TSLA gaped up to 380 this morning which put one of my bear call ITM. It was an incredible run from 300 about a month ago. I have until Friday to deal with both BABA and TSLA threats. I must roll 3 more ITM RUT calls tomorrow in different accounts. 

Net liq recovered 7.5K which is a much needed relief. Margin ratio is above 50% before expiry this week. It may turn to put side if we see a sizable pull back. 

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