Market held up well today today. A small sell off due to Trump Jr's Russia email met with buyers when reached the lower portion of yesterday. I made a strangle of TSLA at 370 on call side. TSLA popped 2.5% on production increase. RUT ended up 0.33% while SPX closed flat again. Overall, it feels like a base building for the earning session. It will go up when it couldn't go down.
Made 4 trades today. Other than that TSLA bear calls no premiums were collected. Closed couple puts to reduce excess fees. Margin ratio is OK so I wasn't eager to buy more hedges until near the week end.
Net liq reduced by 2.2K. It's within the chop range. Margin ratio is at 64%. Waiting for prices break out their current range so there will be trading opportunities.
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