The base building I described yesterday appears broken out today after Yellen's testimony in Congress this morning. Indexes futures gaped up pre-open. Both SPX and RUT closed up around 0.7%, near the highs of their balance areas. SPX closed stronger than RUT. With earnings reports we may see SPX making new ATH soon.
Made 4 trades today. Sold an IWM scalp on a small pull back. The other three were closing puts. It's a very boring day.
Net liq lost another 6.4K better than 10K during the high of the day. Margin ratio is still above 50%. I may have to wire transfer more funds if this break out is a sustainable one. My hope for exiting one RUT bear call is diminished for this week. I have two ITM positions to roll out for this week.
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